---
title: Colorado Fire & Police Commit $20M to Private Equity; Hire Overlay Manager
description: Colorado Fire & Police Commit $20M to Private Equity; Hire Overlay Manager.
---

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# [Colorado Fire & Police Commit $20M to Private Equity; Hire Overlay Manager](https://dakotafunds.com/dakota-funds/fundraising-news/colorado-fire-police-commit-20m-to-private-equity-hire-overlay-manager)

 Written by [Koncheng Moua, Director of Data Management and Strategy](https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy) | June 15, 2023

The Colorado Fire & Police Pension Association has approved two private equity investments totaling up to $20 million.

$10 million was allocated to venture capital fund Foundation Capital XI. $10 million was also committed to Alta Partners NextGen Fund IV. 

In addition, Adrian Lee & Partners was hired as a second currency overlay manager to complement Wellington, according to meeting materials from the June Board meeting. Wellington was hired at the previous meeting to oversee FPPA’s existing currency hedging program.

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[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/colorado-fire-police-commit-20m-to-private-equity-hire-overlay-manager)

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