FUNDRAISING NEWS | July 31, 2024
The Louisiana State Employees’ Retirement System has approved target allocation adjustments, per materials from the May 16th Investment Committee meeting.
A 1% increase was approved for Private Equity changing the target allocation from 24% to 25%. A 2% increase was also approved for Global Multi-Sector Credit taking it from 14% to 16%.
While Large Cap Equity was decreased by 1% to make the target 23%. Absolute Return’s target allocation was also decreased by 2% making the new target 2%.
NEPC assisted with the recommendation.
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Helen Bascom is a Marketing Associate at Dakota.
