Institution: Louisiana State Employees’ Retirement System
Headquarters: Baton Rouge, United States
AUM: $12.37 billion
Allocation to alternatives: 22.6%
ArrowMark’s third global opportunity credit fund seeks $750 million in capital commitments. LASERS confirmed the commitment following its investment committee meeting on 26 February 2021.
As illustrated below, the $12.37 billion US public pension’s recent private debt commitments target US-focused distressed debt vehicles.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.