Colorado Fire & Police Commit $25M to Private Equity

The Colorado Fire & Police Pension Association has approved $25 million commitments to two secondary funds managed by Banner Ridge Partners.

$20 million was approved for Banner Ridge Secondary Fund V and $5 million will be allocated to Banner Ridge Secondary Fund V Co-investment Fund.

As of Dec 31, 2022, the Association allocates 31.9% to private markets while they target 31% to the asset class.

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