Baltimore City Fire and Police Retirement Commits $35M to 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!