The $3 billion Colorado Fire and Police Pension Association
is tactically structuring its own direct hedge fund portfolio
relying on three fund of hedge fund managers, a consultant and
two staffers in handling due diligence and in-depth strategy
and manager research.
This year plans are underway to allocate $300 million to
long-biased long/short equity managers including a search for
activist managers and event-driven funds. Austin Cooley,
investment officer of alternatives at...