Louisiana SERS Commits $125M to Buyout Fund

Louisiana State Employees’ Retirement System has disclosed a $125 million commitment in GTCR Fund XIV.

The private equity investment was approved at the November 17 board meeting, according to meeting minutes.

Investment consultant, NEPC, assisted with the investment recommendation.

As of September 30, 2022, the $11.8 billion Retirement System allocates approximately 29% to alternatives.

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