Baltimore City Employees' Retirement System committed $30 million to GenNx360 Capital Partners IV.
The $2 billion pension fund's board approved the commitment to the buyout fund at its May 18 meeting, recently released meeting minutes show.
The pension fund previously committed $30 million to GenNx360 Capital Partners III in 2020.
As of April 30, the pension fund's actual allocation to private equity was 18.9%; the target is 15%.
Investment consultant Marquette Associates assisted.
BCERS spokeswoman Aja Jackson could not be immediately reached for further information.