News & Analysis

LASERS approves $100m commitment

The US public pension has committed to a North American private debt fund.

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Institution: Louisiana State Employees’ Retirement System
Headquarters: Baton Rouge, United States
AUM: $12.37 billion
Allocation to alternatives: 22.6%

Louisiana State Employees’ Retirement System has agreed to commit $100 million to ArrowMark Global Opportunity Fund III, a contact at the pension confirmed to Private Debt Investor.

ArrowMark’s third global opportunity credit fund seeks $750 million in capital commitments.

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