Louisiana State Employees’ Retirement System, Baton Rouge, made two new commitments to buyout funds totaling $100 million, said Robert W. Beale, chief investment officer, in an e-mail.
The $10.9 billion pension fund committed $50 million each to AEA Fund VI, managed by AEA Investors, and Brookfield Capital Partners IV.
It is the first time the pension fund has made commitments to both managers.