Institution: Teachers’ Retirement System of Louisiana
Headquarters: Baton Rouge, United States
Allocation to alternatives: 33.0%
Teachers’ Retirement System of Louisiana has agreed to commit up to $100 million to KPS Special Situations Fund V, a contact at the pension informed Private Equity International.
The $20.16 billion US public pension has a 14.0 percent target allocation to private equity which currently stands at 15.0 percent.
As illustrated in the chart below, Teachers’ Retirement System of Louisiana has made six commitments to private equity funds with a 2019 vintage, which combined constitute $500 million.
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