Colorado Fire & Police Pension Association, Greenwood Village, disclosed three new commitments totaling $140 million in an August investment activity report included with Sept. 30 board meeting materials.
The $6.6 billion pension fund committed $75 million to Brandywine Global Multi-Sector Income Fund, a multisector credit fund managed by Brandywine Global Investment Management; $35 million to Heartwood Partners IV, a lower middle-market buyout fund; and $30 million to Summit Partners Growth Equity Fund XI, confirmed Scott Simon, chief investment officer.
As of Aug. 31, the actual allocation to private markets was 27%; the target is 26%.