Episode 376: Robert Holley of Baltimore Fire and Police Pension Fund: Resilience and Resourcefulness - Building a World Class Investment Team
The Fiftyfaces PodcastShow Notes
Robert Holley is Executive Director and Pensions Investment Manager at the $4 bn Baltimore City Fire and Police Employees' Retirement System.
He has had a career that has spanned both the private and public sectors in financial services. Our conversation charts his journey from the private to the public sector and the investment beliefs that he has developed over time. At Baltimore F&P he has taken a particular interest in achieving excellence in governance, given the constraints that are natural in public fund organisations. This has involved a compelling YouTube video (linked here in this Linked In post) which touches on resource building, partnerships and collaboration and how to scale a lean organisation.
We discuss the current asset allocation at the fund, how it has evolved over time and how it is likely to evolve given the current funding challenges faced by public funds. Finally we look at investment office governance and how to create a sustainable organisation where the centre holds for the long haul.
A special thank you to our sponsors at Baillie Gifford and GCM Grosvenor.
Baillie Gifford is a long-term investment manager, dedicated to discovering the innovations and changemakers that deliver exceptional growth opportunities for you.
GCM Grosvenor is a global alternative asset management solutions provider, with more than $90 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return strategies. For over 50 years, the firm has helped investors navigate the complexities of alternative investing through a flexible, open-architecture platform.
GCM Grosvenor is also focused on what’s next. Through its Elevate strategy, the firm supports the next generation of private equity leaders, making seed investments in emerging managers and providing the resources, network, and strategic guidance needed to help them grow.
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