Louisiana Municipal Employees’ Retirement System, Baton Rouge, committed $40 million to BlueBay Direct Lending Fund II, managed by BlueBay Asset Management, said recently released board meeting minutes.
The $835 million pension fund’s investment consultant, Meketa Investment Group, assisted.
It is the first time the pension fund has committed to a BlueBay fund.
Robert Rust, director, was not available to provide further information.
