LASERS Extends Orleans Capital and Loomis, Sales as FI Managers

The Louisiana State Employees Retirement System (LASERS) extended its contracts with two fixed-income managers to five years following an investment committee meeting on October 24.

According to recently published meeting minutes, the pension approved a recommendation by its general consultant NEPC to retain the services of Loomis, Sayles & Co and Orleans Capital following a review with the board of the pension’s investment-grade, fixed-income portfolio. The contracts for Loomis, Sayles and Orleans were set to expire in December. 

LASERS oversees approximately $15.3B in AUM, according to Dakota data.

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Written By: Dakota

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