City of Baltimore Hires JPMorgan For Real Estate
June 16, 2008
The Baltimore Employees' Retirement System recently made an additional $5 million commitment to real estate. The funds will be invested in JPMorgan's Urban Renaissance Property Fund. According to the agenda for city of Baltimore's June 11 board of estimates meeting, there were two other finalist firms in the search. Callan Associates assisted the $1.5 billion fund.
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