TRSL approves $100m commitment

The US public pension has backed a private equity fund.

Institution: Teachers’ Retirement System of Louisiana
Headquarters: Baton Rouge, US
AUM: $18.72 billion
Allocation to alternatives: 41.0%

Teachers’ Retirement System of Louisiana has agreed to commit $100 million to Blackstone’s’ GSO Capital Opportunities Fund IV, a contact at the pension informed Private Equity International.

The $18.72 billion US public pension has a 14 percent target allocation to private equity, which currently stands at 19 percent.

As illustrated below, the pension fund’s recent commitments are to funds focused on the technology, healthcare and life sciences sectors globally.

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