BCFPERS approves $30m in commitments

Institution: Baltimore City Fire and Police Employees’ Retirement System
Headquarters: Baltimore, US
AUM: $3 billion
Allocation to alternatives: 24.2%

Baltimore City Fire and Police Employees’ Retirement System confirmed $30 million-worth of infrastructure commitments to two funds at its November 2020 board meeting, according to recently-released meeting minutes on the pension’s website.

The commitments comprised $15 million apiece to Carlyle Renewable & Sustainable Energy Fund and ISQ Global Infrastructure Fund III.

As illustrated below, the $3 billion US public pension’s recent infrastructure commitments have tended to target energy, transport and renewables investments.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.