Louisiana School ERS Commits $50M to Alts

The Louisiana School Employees’ Retirement System has disclosed two alternative investments totaling $50 million that was approved at the August meeting.

$10 million was committed to the Kinterra Battery Metals Mining Fund, managed by Kinterra Capital. Kinterra invests in critical minerals, processing infrastructure, and applications to advance energy transition.

In addition, $40 million was committed to Landseer Insurance Co-Investment, a private equity fund.

As of March 31, 2023, the $2.1 billion Retirement System has an actual and target allocation to Natural Resources of 14.47% and 6% respectively. The actual and target allocation to private equity was 12.7% and 12% respectively.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

Related Content

Texas Municipal Commits $850.5M to Alts, Eyes $4.2B for Private Markets in ‘25
December 19, 2024

Santa Barbara County ERS Allocates $40M to Four Alts Strategies
December 17, 2024

Drive for Diversification to Shift Private Market Allocations in 2025
December 16, 2024

New Mexico SIC Commits $927.5M to Alts
November 25, 2024

Illinois Municipal Invests $250M in Alts, Redeems Wamco Allocation
November 25, 2024

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Louisiana School ERS Commits $50M to Alts

Subscribe

Related Content

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Events

Company