Searches and Hires

Louisiana Parochial Employees slates $20 million for buyout fund

Louisiana Parochial Employees' Retirement System's investment committee voted Tuesday to commit $20 million to buyout fund GoldPoint Partners Co-Investment VI, said Troy Searles, chief investment officer, in an email.

It is the $3.7 billion Baton Rouge-based pension fund's first commitment to a fund managed by GoldPoint Partners. The pension fund's private equity target is 3%; the current actual allocation is 1%.