LSERS Approves Target Allocation Updates

At their quarterly board meeting, the Louisiana School Employees’ Retirement System approved strategic asset allocation updates to seven alternative asset classes. 

The approved updates to the strategic asset allocations include the following: 

Public equity has a target of 23.5%. The fund currently allocates 26.4%. 

Core fixed income has a target of 12.5%. The current allocation is 4.6%.

Opportunistic credit and private equity both have an approved target of 20% each. The fund currently allocates 23% and 16.7% respectively. 

Real estate has a target of 8%, currently allocating 14.1%.

Real assets has a target of 6%. The current allocation is 11.8%.

Lastly, multi-assets has a target allocation of 10%. 1.5% is currently being allocated. 

As of December 31, 2023, the Louisiana SERS has a market value of $2.2 billion. 

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