Louisiana School Employees' Retirement System, Baton Rouge, committed $30 million to Rosemawr Capital V.
The $1.8 billion pension fund's board approved the commitment to the U.S. municipal market-focused private equity fund managed by Rosemawr Management at its Sept. 14 meeting, said Matthew Freedman, chief investment officer.
The pension fund previously committed $20 million to Rosemawr Capital IV in 2019.
As of June 30, the actual allocation to private equity was 2.7%.
