Colorado Fire & Police Pension Association, Greenwood Village, committed $25 million to Raine Partners IV, said Scott Simon, chief investment officer, in an email.
The $6.6 billion pension fund disclosed the commitment to the growth equity fund managed by The Raine Group in meeting materials for its March 3 board meeting.
The pension fund has previously made commitments of $20 million each to Raine Partners III and Raine Partners II, Mr. Simon said.
As of Dec. 31, the actual allocation to private markets was 29%; the target is 28%.
