Colorado Fire & Police Pension Association, Greenwood Village, could allocate between $250 million and $300 million to illiquid alternatives managers in 2015, said Scott Simon, chief investment officer.
The $4.1 billion pension fund has a 20% actual allocation to illiquid alternatives and a long-term target allocation of 26%, which consists of private equity, private debt, real assets and real estate investments.
Interested managers can contact the pension fund, Mr. Simon said. RFPs will not be issued.
It hasn't been determined how much will be committed to each alternative category.