Thursday, 3 September 2015
Last updated 2 hours ago
May 24 2011 | 12:13pm ET
The $3.3 billion Colorado Fire & Police Pension Association has picked K2 Advisors for a commodity-focused fund of hedge funds mandate.
The pension committed $100 million to the K2 fund, the same amount it granted to GAM and Aetos Capital funds of funds earlier this year.
"The commodities fund of funds will help balance the other two absolute-return approaches," J. Scott Simon, chief investment officer, told Pensions & Investments.
Colorado Fire & Police last year rebooted its hedge fund allocation, setting its target at 11% after eliminating its hedge fund exposure in 2009.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…