# Baltimore County Employees' Retirement System

Baltimore County Employees' Retirement System is a Public Pension Fund based in Towson, United States.

## Overview

- **Organization type:** Public Pension Fund
- **Headquarters:** Towson, United States
- **Region:** North America
- **Founded:** 1945
- **Assets under management:** 3400 (Altss estimate)
- **Website:** www.baltimorecountymd.gov
- **LinkedIn:** linkedin.com/company/baltimore-county-government

## Regulatory record

- **Reports private funds:** No

## About

The Baltimore County Employees Retirement System is a public pension fund established in 1945. It offers retirement, disability, and survivor benefits to eligible Baltimore County employees. The system invests in the private equity sector, with a focus on biotech and life science companies.

## Sectors

- Private Equity
- Real Estate
- Fixed Income

## People

- Kimberly Vazquez — Retirement Administrator
- Keith Dorsey — Director of Budget and Finance and Secretary of the Board

## Questions

### Who runs investment decisions at Baltimore County Employees' Retirement System?

Kimberly Vazquez serves as Retirement Administrator. Keith Dorsey acts as Director of Budget and Finance and Secretary of the Board. NEPC, LLC provides ongoing investment advisory services.

### Does Baltimore County Employees' Retirement System participate in fund commitments or only direct deals?

The system commits to commingled funds including HarbourVest Dover Street vehicles and KPS Special Situations Mid-Cap Fund III. It also holds positions in real estate funds and a government bond index fund.

### Which asset classes receive allocations?

Allocations span private equity buyout funds, core and value-added U.S. commercial real estate funds, hedge fund-of-funds, and government bonds.

## Related profiles

- [Baltimore City Fire & Police Employees’ Retirement System](https://altss.com/profile/baltimore-city-fire-police-employees-retirement-system-bcfpers)
- [Bayerische Beamten Lebensversicherung](https://altss.com/profile/bayerische-beamten-lebensversicherung)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/baltimore-county-employees-retirement-system

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