Louisiana State Employees’ Retirement System, Baton Rouge, committed $100 million to SK Capital Partners VI.
The $14.6 billion pension fund’s board approved the commitment to the middle-market buyout fund at its March 21 meeting, said Laney Sanders, assistant chief investment officer.
It is LASERS’ first commitment to the manager.
As of Dec. 31, the actual allocation to private markets was 21.4%; the target s 24%.
Investment consultant NEPC assisted.
