Baltimore City Fire & Police assigns $20 million to real estate debt, cuts emerging markets small-cap equities
Thursday, March 5, 2026 · first reported by Pensions & Investments
Baltimore City Fire & Police Employees' Retirement System committed $20 million to a real estate debt fund, reducing exposure to emerging markets small-cap equities. This LP allocation demonstrates continued institutional investor appetite for real estate debt strategies.
- Asset class
- Real estate
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