Public Employees Retirement Association of Colorado
Public Employees’ Retirement Association of Colorado (CoPERA) is a privately owned investment manager. The firm primarily provides its services to state institutions, schools, municipalities, and judicial institutions. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity, fixed income, and alternative investments markets across the globe. It invests in growth and value stocks of large-cap and small-cap companies to make its equity investments. The firm benchmarks the performance of its equity portfolios against the DJ Wilshire 5000 Index and MSCI ACWI Ex U.S. Index. It invests in government, mortgage-backed and corporate bonds of U.S. and non U.S. issuers to make its fixed income investments. The firm benchmarks the performance of its fixed income portfolios against the Lehman Brothers Universal Index. It benchmarks the performance of its real estate portfolios against the NCREIF Property Index. For its alternative investments, the firm typically invests in real estate, timber, venture capital partnerships, special situation, and private placements. The firm benchmarks its alternative portfolios against the DJ Wilshire 5000 index. It benchmarks the performance of its timber portfolios against the NCREIF Timber Index. The firm employs a combination of a top-down and a bottom-up stock picking approach to create its portfolios. It also uses a fundamental and a quantitative analysis to make its investments. The firm was formerly known as State Employees’ Retirement Association. Public Employees’ Retirement Association of Colorado was founded in 1931 and is based in Denver, Colorado with an additional office in Westminster, Colorado.
Milestones
Investments
| Company |
Date |
Round |
Size |
Participants |
| Novarra | 7/07 | Venture Round | $50M | 4 |
Videos
Sources
-
Novarra raises $50M from Qualcomm, others (fiercewireless.com)
[edit]
