Louisiana State Employees' Retirement System, Baton Rouge, committed $100 million to Brookfield Infrastructure Fund IV.
The $11.4 billion pension fund's board approved the commitment to the infrastructure fund managed by Brookfield Asset Management at its meeting Jan. 24, said Laney Sanders, assistant chief investment officer.
LASERS previously committed $50 million to buyout fund Brookfield Capital Partners IV in 2015.
The pension fund's target allocation to alternative assets is 22%.