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FUNDRAISING NEWS | December 13, 2024

Louisiana MERS Invites LSV, Causeway to Present for Int’l Equity Mandate

Tags: Pension Funds, Searches, International Equities

The Municipal Employees Retirement System of Louisiana has selected two managers to present for its international equity mandate.

In recently published minutes from its October 17 meeting, the board approved a motion to invite LSV Asset Management and Causeway Capital Management at its January 23, 2025, meeting. As of July 31, Louisiana MERS’ policy targets for international developed non-US equity and international emerging markets equity are 13% and 10%, respectively. The pension is yet to disclose a 2025 pacing plan.

Louisiana MERS manages approximately $1.6B in total assets, as of the latest data from Dakota Marketplace.

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Written By: Dakota

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