Colorado Fire & Police Pension Association, Greenwood Village, committed $25 million to Littlejohn Opportunities Fund II, said Scott Simon, chief investment officer, in an e-mail.
The fund, managed by Littlejohn & Co., will focus on “debt investments in middle-market companies, which may present turnaround opportunities or lead to restructurings,” Mr. Simon wrote.
It is the $4.1 billion pension fund's first commitment to a Littlejohn fund.
The pension fund has a 23% target to illiquid alternatives, which is composed of private equity, private debt, real assets, real estate and opportunistic strategies.
