Louisiana Teachers' Retirement System, Baton Rouge, made two new private equity commitments totaling up to $125 million, confirmed Dana Brown, director of public markets.
The $16.1 billion pension fund committed up to $75 million to middle-market private equity fund Lindsay Goldberg IV, and up to $50 million to energy private equity fund LS Power Equity Partners III.
Mr. Brown said the pension fund has committed to a previous Lindsay Goldberg fund, but he didn't have further details. This is the pension fund's first commitment to LS Power.
