Colorado Fire and Police Pension Fund extended its contract with...

Colorado Fire and Police Pension Fund extended its contract with alternative investment adviser Pacific Corporate Group for another two years, said Bill Morris, executive director of the $2.2 billion pension fund. PCG has been advising the Englewood-based fund on alternative investments for three years. The fund, which has an alternatives target allocation of 5% of invested assets, has raised the cap on commitments to 10% from 8%, he said.