LASERS approves $100m commitment

The US public pension has backed Brookfield's fourth flagship vehicle.

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Institution: Louisiana State Employees’ Retirement System
Headquarters: Baton Rouge, United States
AUM: $11.43bn
Allocation to alternatives: 15.80%
Bitesize: $50-100m

Louisiana State Employees’ Retirement System has committed $100 million to Brookfield Infrastructure Partners IV, a contact at the pension informed Infrastructure Investor.

The $11.43 billion US public pension has a 15.80 percent allocation to private markets, of which private infrastructure makes up a proportion.

As illustrated below, this is LASERS’ first commitment to an infrastructure fund since committing to two vehicles with a 2014 vintage: BCP Energy Services Fund and ArcLight Energy Partners Fund VI.

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