BCFPERS commits $20m to IPI Partners

Institution: Baltimore City Fire and Police Employees’ Retirement System
Headquarters: Baltimore, US
AUM: $3.00 billion
Allocation to alternatives: 29.4%

Baltimore City Fire and Police Employees’ Retirement System has committed $20 million to IPI Partners, according to a June 2022 investment report document.

BCFPERS invested in IPI Data Center Partners Fund III, the firm’s third fund. The pension fund committed $15 million committed to its predecessor IPI Data Center Partners II in 2020.

BCFPERS’s current real estate allocation stands at 9.3 percent, below its target of 11 percent. The $3 billion pension fund predominately commits to vehicles allocated in North America.

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