Colo. Pistol & Hose Hires K2

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.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note