---
title: Baltimore City Fire and Police Retirement System Commits $60M to Real Estate
description: Baltimore City Fire and Police Retirement System Commits $60M to Real Estate
---

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# [Baltimore City Fire and Police Retirement System Commits $60M to Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/baltimore-city-fire-and-police-retirement-system-commits-60m-to-real-estate)

 Written by [Helen Bascom, Marketing Associate](https://dakotafunds.com/dakota-funds/author/helen-bascom-marketing-associate) | January 24, 2024

The Baltimore City Fire and Police Retirement System has awarded a total of  $60 million to real estate, according to minutes from the December 12th Board of Trustees meeting. 

Acore Capital, Elm Tree Capital, and Oak Tree Capital were each selected to manage $20 million.

As of December 31, 2023, the $3.2 billion pension fund allocates 9.4% to real estate while they target 11% to the asset class.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of [Dakota Marketplace](https://www.dakota.com/dakota-marketplace)!*

[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/baltimore-city-fire-and-police-retirement-system-commits-60m-to-real-estate)

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