Louisiana Fire puts $45 million with Fletcher

Louisiana Firefighters’ Retirement System, Baton Rouge, committed $45 million to Fletcher Asset Management’s FIA Leveraged Fund, a hedge fund, according to recently released minutes of the $1.1 billion system’s Feb. 14 board meeting. Steven Stockstill, the fund’s executive director, referred all questions to Joe Meals, senior consultant at Consulting Services Group, the fund’s consultant. Mr. Meals did not return a call seeking comment by press time.