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

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...