Baltimore City Employees’ Retirement System rehired Meketa Investment Group as its nondiscretionary alternatives consultant, a spokesperson said.
The $2.1 billion pension fund issued an RFP in August for a firm to provide nondiscretionary advisory services for its private equity and private credit asset classes, according to an RFP on its website.
RVK was the other finalist.
The pension fund’s target allocations to private equity and private credit are 15% and 4%, respectively.
Meketa will also continue to provide the services for BCERS’ other post-employment benefits trust, which has $964 million in assets.
