Colorado Fire & Police Pension Association, Denver, committed $7.5 million each to Goodwater Capital V and Goodwater Infinity III.
The $6.2 billion pension fund's investment staff disclosed the commitments to the venture capital funds managed by Goodwater Capital at its Dec. 15 board meeting, said J. Scott Simon, chief investment officer, in an email.
The pension fund previously committed $10 million each to Goodwater Capital IV and Goodwater Infinity II in 2021.
Separately, Mr. Simon said the board at the Dec. 15 meeting approved a private markets commitment pacing range of $300 million to $400 million in 2023.
As of June 30, the pension fund's actual allocation to private capital was 22.6%.