Louisiana Sheriffs' Pension and Relief Fund

Louisiana Sheriffs' Pension and Relief Fund

The Louisiana Sheriffs' Pension and Relief Fund operates as a public corporation established to deliver retirement and relief benefits exclusively to Louisiana sheriffs, deputies, and their staff. Its Board of Trustees, led by President Willy Martin and including Greg Champagne, Sheriff of St. Charles Parish, governs the system. The fund's revenue derives from member and employer contributions, investment returns, and state revenue sharing, embedding it firmly within Louisiana's public finance architecture. Investment strategy is anchored in institutional real estate, deployed through large-cap commingled vehicles. Known positions include Heitman America Real Estate Trust, Morgan Stanley Prime Property Fund, Clarion Lion Properties Fund, and Prudential PRISA — a concentrated lineup of core and core-plus open-end funds. The fund also holds a life settlements portfolio, providing uncorrelated actuarial returns outside traditional equity and fixed-income exposures. Geographic focus remains domestic, with no disclosed international real estate mandates. The fund is closely affiliated with the Louisiana Sheriffs' Association and participates in professional networks including the Louisiana Association of Public Employees' Retirement Systems (LAPERS) and the National Conference on Public Employee Retirement Systems (NCPERS). These affiliations provide governance benchmarking and peer-exchange channels. No specific total fund AUM or headcount figures are publicly disclosed. The fund's structural distinction is its narrow, legally defined beneficiary base — only sheriffs' offices — which shapes a liability-driven investment approach. Unlike broad state-employee plans, this fund serves a specific law-enforcement population with distinct actuarial assumptions around disability and early retirement. Its use of life settlements, alongside standard real estate core funds, suggests a willingness to allocate to uncorrelated, illiquid strategies within an otherwise conservative framework.