PERA is a large contributor to the Colorado economy beyond benefit payments with investments that provide jobs and services that boost the state’s economy. Recognizing the opportunities present in Colorado, PERA has more than $495 million invested in Colorado-based companies, partnerships, and assets.
Ultimately, these investments are an economic stimulus, which strengthen the state’s economy.
PERA has Colorado investments within its investment portfolio with 50 percent in Private Equity, 30 percent in Equities, 13 percent in Bonds, and 7 percent in Real Estate. These investments include equity of companies headquartered in Colorado in both established, publicly traded companies, as well as investments in entrepreneurial businesses that rely on private equity capital for growth and expansion. Fixed income investments include bonds issued by the Colorado Housing and Finance Authority as well as bonds issued by other Colorado companies. Real estate investments are by direct ownership and pooled investment capital. PERA also employs investment managers with operations and employees in the state.
Diversification of Investments in Colorado
Investments in Colorado
As of December 31, 2016
|Colorado Housing Finance Authority||10,177,000|
| Total Bonds
| Equity Investments
|Committed to Future Funding||74,637,000|
| Total Private Equity
Total Investments in Colorado
Facts About Colorado PERA Investments
- As PERA’s assets have grown, the competitive advantage of using in-house investment professionals has also increased, saving PERA over $35 million annually
- The Total Fund has outperformed the policy benchmark since its adoption in April 2004
- More than 56 percent of assets managed internally
- More than $495 million invested in Colorado companies as of December 31, 2016
- 9.8 percent annualized 35-year return (gross-of-fees)
- 38 investment professionals