Louisiana Treasurer Ken Duncan will officially announce the formation...

Louisiana Treasurer Ken Duncan will officially announce the formation of the Louisiana State Investment Task Force by April to study economically targeted local investments, according to Cooper Harrell, assistant treasurer. The task force would include officials of the four largest state pension funds, all located in Baton Rouge: the $140 million State Police Retirement and Relief Fund; the $5.7 billion State Employees’ Retirement System; the $1.5 billion School Employees’ Retirement System; and the $10.4 billion Teachers’ Retirement System. Bonita Brown, assistant director of the teachers’ fund, and Julia LeBlanc, CIO of the school fund, both said any in-state investments would have to meet the same criteria as their current investments.