Louisiana School Employees’ Retirement System, Baton Rouge, committed $150 million to Landseer Investments Fund 2020.
The $1.8 billion pension fund’s board approved the commitment to the private equity fund of one managed by Landseer Advisors at its July 13 meeting, confirmed Matthew Freedman, chief investment officer.
As of June 30, the actual allocation to private equity was 2.7%.