Colorado Fire & Police Pension Association, Greenwood Village, disclosed two new alternative fund commitments totaling $25 million in materials for its three-day board meeting that began Wednesday.
The $6.3 billion pension fund committed $20 million to Crestline Opportunity Fund V, a private credit fund managed by Crestline Investors targeting lower middle- to middle-market companies in North America and Europe, and $5 million to Roark Capital Partners CF RI, a continuation vehicle managed by buyout fund manager Roark Capital Group.
The pension fund previously committed $20 million to Crestline Opportunity Fund IV in 2021 and $15 million to Roark Capital Partners IV in 2014.
As of April 30, the pension fund's actual allocation to private markets was 31.4%.
J. Scott Simon, chief investment officer, could not be immediately reached for further information.