LSERS approves $75m commitment

The US public pension has backed a debt fund.

Louisiana State Employees Retirement System has committed $75 million to GoldenTree Distressed Fund II.

The $12 billion US public pension has a 15 percent target allocation to private equity that currently stands at 12.9 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.