Baltimore City Fire & Police Employees' Retirement System committed $15 million to Lexington Capital Partners IX, a secondary private equity fund of funds managed by Lexington Partners, spokeswoman Amy E. Baskerville said in an email.
The $2.7 billion pension made the commitment at it June 18 meeting.
As of May 31, the actual allocation to private equity was 9.2%; the target is 10%.
