Baltimore Fire and Police Commits $20M to Private Equity

According to minutes from the July 16th Board meeting, the Baltimore City Fire and Police Retirement System approved a allocation of $20 million to AE Industrial Partners Fund III, a buyout strategy.

NEPC assisted with the recommendation. 

As of March 31, 2024, the $3.3 billion pension system allocates approximately 12.2% to private equity with a policy target of 11%.

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: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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