The $3.1 billion Fire and Police Pension Association of Colorado’s board has proposed to appoint long/short equity manager, Aetos Capital, HFMWeek reports. The board will make their choice on the recommendation on March 17, 2011.
Two months ago, the association decided to assign $100 million to GAM to manage a global macro allocation in a separately managed account. In 2010, the Colorado board announced its plan to construct a new 10% absolute return portfolio, to be funded in the first quarter of 2011.
Click here for the story from HFMWeek.