Baltimore City Fire & Police Employees' Retirement System rehired NEPC as investment consultant.
The $3.1 billion pension fund's board approved the rehiring at its Sept. 19 meeting, recently released meeting minutes show.
The pension fund issued an RFP in May. There were three other finalists that made presentations at the Sept. 19 meeting in closed session, and the names of the firms were not disclosed.
As of June 30, the pension fund's actual allocation was 27.3% domestic equities, 20.4% international equities, 14.7% fixed income, 12.3% private equity, 10.1% real estate, 5.9% hedge funds, 5.1% real assets, 3.5% private debt and the rest in cash.
