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Investors - AUGUST 2, 2024

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Louisiana Police Employees generates 10 %return during fiscal year

by Lewis Dayton

The Louisiana Municipal Police Employees’ Retirement System (LMPERS) returned 10 percent on its investments during the fiscal year that ended on June 30, according to its most recently monthly investments report.  

Real estate investments make up 6.9 percent ($190.5 million) of LMPERS’s $2.75 billion portfolio, slightly below the system’s 7 percent target allocation for the asset class, and lost 8.4 percent during the fiscal year, outperforming the NCREIF ODCE Net by 1 percent during that time.  

 

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