Colorado Fire & Police Pension Association, Greenwood Village, committed $130 million to six alternatives funds, said Scott Simon, chief investment officer of the $6.2 billion pension fund, in an email.
The pension fund's staff approved investing $60 million in Jackson Square Partners Small Cap Opportunities Fund, a growth-oriented hedge fund.
The staff also committed $25 million to Atlas Capital Resources IV, a buyout fund managed by Atlas Holdings; $20 million to Stride Consumer Partners, a private equity fund; and $10 million each to Goodwater Capital IV and Goodwater Infinity II, two venture capital funds managed by Goodwater Capital.
Finally, staff committed $5 million to ECP Terra-Gen Growth Fund, a growth fund managed by Energy Capital Partners that will invest in renewable energy firm Terra-Gen. This includes rolling over the pension fund's $3.5 million position from Energy Capital Partners III.
The board was notified of the fund commitments at its April 29 meeting.