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Louisiana State Employees’ Retirement System

When the $8.5 billion Louisiana State Employees’ Retirement System decided to venture into hedge funds, it dove right in instead of testing the waters.

When the $8.5 billion Louisiana State Employees’ Retirement System decided to venture into hedge funds, it dove right in instead of testing the waters. Unlike most pension funds, which tend to begin with funds of hedge funds, LaSERS’ initial foray was made through direct investments in two single-manager funds. In early

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