--- title: Colorado Fire & Police Pension Commit $75M to Private Equity; Terminate Two Managers; Hires Wellington for Currency Hedging description: Colorado Fire & Police Pension Commit $75M to Private Equity; Terminate Two Managers; Hires Wellington for Currency Hedging. image: https://dakotafunds.com/hubfs/Imported_Blog_Media/josh-berendes-iwdThPjB_ts-unsplash.jpg --- [![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com) - [ About ](https://dakotafunds.com/about-us) - [ Team ](https://dakotafunds.com/team-update) - [ Partners ](https://dakotafunds.com/clients) - [ Contact ](https://dakotafunds.com/contact-us-update) [![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com) ** - [ About ](https://dakotafunds.com/about-us) - [ Team ](https://dakotafunds.com/team-update) - [ Partners ](https://dakotafunds.com/clients) - [ Contact ](https://dakotafunds.com/contact-us-update) # Colorado Fire & Police Pension Commit $75M to Private Equity; Terminate Two Managers; Hires Wellington for Currency Hedging **Written by: ** John Washington, Data Research Analyst ![](https://dakotafunds.com/hubfs/Imported_Blog_Media/josh-berendes-iwdThPjB_ts-unsplash.jpg) The Colorado Fire & Police Pension Association has committed $75 million across four private equity funds, according to meeting materials from the April 20 board meeting. $20 million was committed to NORD KB Micro Cap VII, managed by NORD Holding. $20 million was committed to the buyout fund, Alpine Investors IX. $20 million was committed to the buyout fund, CORE Industrial Partners III. And $15 million buyout fund, Edgewater Capital Partners V. In addition, two managers for the Pension fund were fully redeemed. This includes long/short equity manager Palestra Capital, and absolute return manager, Pharo Management. The Palestra account was valued at approximately $64 million. The Pharo account was valued at approximately $26 million. Lastly, Wellington was hired to oversee FPPA’s existing currency hedging program. FPPA will transition away from its current overlay manager, BNP Paribas Asset Management. Staff is continuing diligence on a second manager to ultimately complement Wellington in oversight of the program. *For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!* ** Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Private Equity](https://dakotafunds.com/dakota-funds/tag/private-equity), [Hedge Funds](https://dakotafunds.com/dakota-funds/tag/hedge-funds) ### Recent Posts [EP Wealth Acquires Wacker Wealth Partners](https://dakotafunds.com/dakota-funds/fundraising-news/ep-wealth-acquires-wacker-wealth-partners) April 04, 2024 [JTP Capital Seeking Fundraising and CRM Database Management Assistant](https://dakotafunds.com/dakota-funds/fundraising-news/jtp-capital-seeking-fundraising-and-crm-database-management-assistant) April 04, 2024 [$700M Merrill FAs Depart to Sanctuary](https://dakotafunds.com/dakota-funds/fundraising-news/700m-merrill-fas-depart-to-sanctuary) April 03, 2024 [Greenbacker Capital Seeking Internal Sales Representative](https://dakotafunds.com/dakota-funds/fundraising-news/greenbacker-capital-seeking-internal-sales-representative) April 03, 2024 [NY Common Commits $550M to Venture Capital, Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/ny-common-commits-550m-to-venture-capital-real-estate) April 03, 2024 ## Related Blogs February 28, 2023 #### Maryland Retirement Discloses $750M+ in New Investments The Maryland State Retirement & Pension System has disclosed over $750 million in new investments.... [ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/maryland-retirement-discloses-750m-in-new-investments) January 09, 2023 #### Iowa Municipal Fire & Police Commit $75M to Private Equity The Municipal Fire & Police Retirement System of Iowa has approved two private equity commitments... [ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/iowa-municipal-fire-police-commit-75m-to-private-equity) December 19, 2023 #### Maine PERS Commits $75M to Real Estate, Private Equity The Maine Public Employees’ Retirement System has approved two commitments totalling $75 million to... [ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/maine-pers-commits-75m-to-real-estate-private-equity) ![footerLogo](https://dakotafunds.com/hubfs/footerLogo.svg) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "John Washington, Data Research Analyst", "url" : "https://dakotafunds.com/dakota-funds/author/john-washington-data-research-analyst" }, "dateModified" : "2024-04-04T23:31:55.537Z", "datePublished" : "2023-04-24T04:00:00.000Z", "headline" : "Colorado Fire & Police Pension Commit $75M to Private Equity; Terminate Two Managers; Hires Wellington for Currency Hedging", "image" : [ "https://dakotafunds.com/hubfs/Imported_Blog_Media/josh-berendes-iwdThPjB_ts-unsplash.jpg" ], "mainEntityOfPage" : { "@id" : "https://dakotafunds.com/dakota-funds/fundraising-news/colorado-fire-police-pension-commit-75m-to-private-equity-terminate-two-managers-hires-wellington-for-currency-hedging", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject" }, "name" : "Dakota Funds Group" } } ```