Louisiana State Employees’ Retirement System, Baton Rouge, committed $100 million to Linden Capital Partners VI.
The $15.7 billion pension fund’s board approved the commitment to the middle-market buyout fund at its Feb. 20 meeting, said Laney Sanders, assistant chief investment officer.
It is LASERS’ first commitment to a fund managed by Linden Capital.
As of Dec. 31, the pension fund’s actual allocation to private markets was 22.2%; the target is 25%.
Investment consultant NEPC assisted.
