Louisiana State Employees' Retirement System , Baton Rouge, hired K2...

Louisiana State Employees’ Retirement System, Baton Rouge, hired K2 Advisors and Pacific Alternative Asset Management to handle $55 million each in hedge funds of funds, said Bobby Beale, CIO. Funding will come from the $5 billion system’s core fixed-income allocation; no managers were terminated, he said. New England Pension Consultants assisted.