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FUNDRAISING NEWS | April 19, 2024

Baltimore City Fire and Police Retirement Commits $35M to Private Credit

Tags: Pension Funds, Private Credit

At the March 19 board meeting, the Baltimore City Fire and Police Retirement System (BCFPERS) approved a motion to commit $35 million to Vista Credit Partners Fund IV. 

Vista Credit Partners Fund IV is a private credit direct lending strategy. The retirement system and Vista Credit Partners have a preexisting relationship.

As of December 31, 2023, the $3.2 billion Pension Fund allocates 3.8% to private credit with a target allocation of 7%. 

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!  New call-to-action

Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.

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