Colorado Fire & Police Add Aetos To Absolute Return Portfolio

Mar 23 2011 | 10:53am ET

The Fire and Police Pension Association of Colorado has awarded a $130 million mandate to Aetos Capital.

The $3.1 billion pension's board of directors approved the hire last week, HFMWeek reports, the second of three hedge fund mandates to be awarded for its new absolute return program. GAM Holding won the first, totaling $100 million, for a global macro mandate.

The Colorado pension will invest in Aetos' long/short equity strategy.

Meanwhile, the FPPA is in the middle of its due-diligence process to pick its third absolute return manager, for a commodities mandate.

The pension allocated 11% to hedge funds in 2009, when it replaced its portable alpha program with the absolute return program.


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

New customer protection rules have landed: Are you ready?

The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost a...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.