Denver Employees Retirement Plan committed $35 million to Adams Street 2014 Global Fund, a private equity fund of funds managed by Adams Street Partners, confirmed Steven Hutt, executive director.
This is the $2 billion pension plan's 16th commitment to Adams Street funds. It has a 6% private equity allocation, Mr. Hutt said.
Separately, the pension fund hired CliftonLarsonAllen as auditor, replacing BKD, which rebid.