Indiana Public Employees' Retirement Fund, Indianapolis, is...

Indiana Public Employees' Retirement Fund, Indianapolis, is considering a commitment of $25 million to $50 million to a Merit Mezzanine fund. The $10.9 billion fund's board, along with alternatives consultant Strategic Investment Solutions, wants to do further due diligence of Merit Capital Partners before making the commitment. A decision could come later this month, said Patrick Lane, communications director.