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Louisiana Teachers approves $175m in commitments

The US public pension has backed a global and a North America-focused fund.

Teachers’ Retirement System of Louisiana has approved a $125 million commitment to Blackstone Tactical Opportunities Fund III and $50 million to Roark Capital Partners V.

The $19 billion US public pension has a 12 percent target allocation to private equity that currently stands at 13 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.