Institution: Teachers’ Retirement System of Louisiana
Headquarters: Baton Rouge, United States
Allocation to alternatives: 35.0%
Teachers’ Retirement System of Louisiana has agreed to commit up to $75 million to Insight Venture Partners XI and up to $50 million to JFL Equity Investors V, a contact at the pension fund informed Private Equity International.
The $20.89 billion US public pension has a 14.0 percent target allocation to private equity that currently stands at 16.0 percent.
As illustrated below, the pension fund has made 10 commitments to 2019-vintage private equity vehicles, which combined constitute $700 million.
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