El Paso fire and police pension fund approves $5 million for private equity

El Paso (Texas) Firemen & Policemen Pension Fund committed $5 million to private equity fund Riverside Micro-Cap Fund III, managed by Riverside Co., confirmed Yolanda Carreon, deputy executive director.

The board of the $1.2 billion pension fund approved the commitment at its Feb. 19 meeting, she said.

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