Louisiana School Employees' Retirement System, Baton Rouge, approved three commitments totaling up to $170 million at its board meeting Monday.
The $1.8 billion pension fund's board approved new commitments of up to $75 million each to Chatham Asset Private Debt and Strategic Capital Fund III, a credit fund managed by Chatham Asset Management, and a structured credit fund managed by Tolis Advisors at a remote meeting Monday.
Also, the board approved a follow-on commitment of $20 million to Scout Energy Partners V, a U.S.-focused energy fund. The board originally committed $40 million to the fund in 2019.
As of Sept. 30, the pension fund's actual allocations to opportunistic fixed income and real assets/natural resources were 8.4% and 7.3%, respectively.
Investment consultant Segal Marco Advisors assisted.
Chief Investment Officer Matthew Freedman could not be immediately reached for further information.