Colorado Plan May Hire Aetos Capital

The $3.1 billionFire and Police Pension Association of Colorado’s board has proposed to appoint long/short equity manager,Aetos Capital,HFMWeekreports. The board will make their choice on the recommendation on March 17, 2011.

Two months ago, the association decided to assign $100 million toGAMto 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.

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