Colorado Public Employees' Retirement Association, Denver, will search for a hedge fund consultant, confirmed spokeswoman Katie Kaufmanis.
The $42.3 billion pension fund does not have any hedge fund investments. The board's investment committee received information on hedge funds from the staff and investment consultant Hewitt EnnisKnupp on Nov. 14. It was decided at the meeting that further research was needed and the pension fund should retain a consultant, Ms. Kaufmanis said in an e-mail.
It has not been determined whether an RFP will be issued. If it is, it will be posted on COPERA's website.