Louisiana State Employees’ Retirement System, Baton Rouge, committed an additional $50 million to the Siguler Guff Distressed Opportunity Fund III, raising the system’s total commitment to the fund to $200 million, said Bobby Beale, CIO of the $6.5 billion system.
The previous commitments were made in 2007 and the beginning of 2008, Mr. Beale said. Consultant NEPC assisted.