Colorado Fire & Police Pension Association, Greenwood Village, committed $70 million to four alternatives funds, said Scott Simon, chief investment officer of the $6.2 billion pension fund, in an email.
The pension fund's staff approved commitments of $20 million apiece to CORE Industrial Partners Fund II, a buyout fund that targets control investments in lower middle-market companies in North America in traditional manufacturing and industrial technology and service sectors; Crosspoint Capital Partners Fund I, a buyout fund investing in the cybersecurity, privacy and infrastructure software sectors; and Crestline Opportunity Fund IV, a credit fund managed by Crestline Investors targeting lower middle-to-middle market companies in North America and Europe.
The staff also approved a $10 million commitment to Alta Partners NextGen Fund III, a venture capital fund targeting early-stage investments in life sciences and digital health technology and technology-enabled health-care services.
The board was notified of the fund commitments at its Thursday meeting.
