MFA Blog

Colorado Fire & Police Pension Association Allocates Over $100 Million to Hedge Funds

Posted on July 22, 2013

A recent article from Infovest21 states that the Colorado Fire & Police Pension Association (FPPA) has allocated $100 million between two multi-strategy hedge funds managed by the same firm, nearly doubling its investment with the firm. The pension split the allocation equally between the two funds. Colorado FPPA also doubled its investment in a separate hedge fund, going from $10 million to $20 million of investment in the fund.

According to Infovest21, the pension has been showing a trend of moving towards direct investments in hedge funds since 2012. In addition to the investment decisions mentioned above, in February 2013, the Colorado FPPA moved away from a commodity fund of funds but kept the six underlying hedge funds associated with the portfolio.

As of year-end 2012, the pension’s absolute return allocations totaled $264.8 million. To learn more about the Colorado Fire & Police Pension Association’s allocations, visit Infovest21 online here.