Louisiana Municipal picks fund for in-state venture capital investments

Louisiana Municipal Employees’ Retirement System, Baton Rouge, committed $2 million to venture capital fund The Louisiana Fund II, recently released board meeting minutes said.

The $835 million pension fund approved the commitment to the early-stage venture capital fund, which invests in opportunities in Louisiana, at its Oct. 16 board meeting.

Robert Rust, director, did not return a phone call seeking further information by press time.

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