Louisiana State Police Retirement System, Baton Rouge, committed $5 million to Carlyle Global Infrastructure Opportunities I, managed by Carlyle Group, said Irwin L. Felps Jr., executive director.
It is the $854 million pension fund's first commitment to a fund managed by Carlyle, and the commitment to the infrastructure fund falls within the pension fund's private equity allocation, Mr. Felps said.
The pension fund's current allocation to private equity is 2%; the target is 5%.
