Colorado Fire & Police Pension Association, Greenwood Village, committed or invested a total of $70 million in three alternatives managers, said Scott Simon, chief investment officer.
The $3.8 billion pension fund invested $45 million in MKP Opportunity Partners, a global macro hedge fund managed by MKP Capital Management. It also committed $15 million to American Securities Opportunity Fund III, a middle-market distressed debt fund, and $10 million to Nordic Capital VIII, a buyout fund focused on the Nordic region.
This is the pension fund's fifth commitment to Nordic Capital. It also committed $15 million to the predecessor American Securities fund.