Louisiana SERS Commits $125M to Private Equity

The Louisiana State Employees’ Retirement System has approved two private equity investments totaling up to $125 million, according to meeting minutes from the April board meeting. 

$100 million was committed to KPS Special Situations Fund VI. $25 million was also committed to KPS Mid Cap Fund II.

NEPC assisted with the investments.

As of March 31, 2023, the $12 billion Retirement System has an actual and target allocation to private markets of 23% and 22% respectively.

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

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


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