FUNDRAISING NEWS | October 11, 2024
The Colorado Fire and Police Pension Association (Colorado FFPA) made a $15 million commitment to AIGA Climate Fund I, according to materials from its October 3 board meeting.
AIGA Climate Fund I is a $500M fund focused on investing in sustainable infrastructure companies across the United States and Canada, primarily through corporate and asset-backed term loans as well as preferred equity. AIGA represents a new manager relationship for the Colorado FPPA.
Additionally, staff reallocated $50M within the global equity portfolio by liquidating funds from the passive MSCI World strategy managed by SSgA and directing the investment into the active WMQS Global Active Extension strategy.
Per Dakota data, Colorado FPPA oversees $7.3B in assets. As of August 31, the pension allocated approximately 33.8% to global equity and 3.6% to real assets.
