Wednesday, 20 August 2014
Last updated 9 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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note