Municipal Police Employees Retirement System

About Municipal Police Employees Retirement System

Louisiana Municipal Police Employees Retirement System's investment portfolio is valued at over $2.83 billion as of October 31, 2024, with investments in private equity, real assets, natural resources, real estate, hedge funds, publicly traded equities, fixed-income securities, and cash. The fund's return for 1 year, 3 years, 5 years, and 10 years was 19.6%, 2.7%, 7.1%, and 6.2%, compared to the benchmark return of 19.8%, 2.5%, 6.5%, and 6.4%, respectively. As of October 31, 2024, the private equity portfolio was valued at over $265.39 million, representing 9.4% of the total portfolio. This is an increase compared to April 31, 2024, when the private equity portfolio was valued at $251.98 million Investments in private equity include buyouts, diversified private equity, private equity growth expansion, distressed debt, co-investment, secondaries, and venture capital fund strategies. The fund's private equity return for 1 year, 3 years, 5 years, and 10 years was 7.5%, 8.8%, 17.7%, and 13.8%, compared to the benchmark return of 7.5%, 7.7%, 14.6%, and 13.0%, respectively. The firm's investment is managed by the executive management team. Mr. Benjamin Huxen serves as Executive Director & General Counsel. NEPC, Acadian Asset Management, AllianceBernstein, EnTrust Global, AB CarVal, HarbourVest Partners, Loomis, LSV Asset Management, Pacific Alternative Asset Management Company, Ninety One, Mellon Capital Management, Sayles & Company, Levine Leichtman Capital Partners, J.F. Lehman & Company, William Blair & Company, State Street Global Advisors, Pinnacle Associates, Hotchkis & Wiley, GoldPoint Partners, and Segal Marco Advisors serve as the fund's LP Consultants.