PERA Injects Capital into Colorado
The Colorado Public Employees Retirement Association (PERA) has defined a strategy where they will invest in venture capital or private equity linked to Colorado. They have just issued an RFP for a private equity manager to run $25 million to $50 million in an in-state investment fund. PERA has $38.3 billion in its defined benefit plan, with 9%, or 43,4...