Institution: Teachers’ Retirement System of Louisiana
Headquarters: Baton Rouge, US
AUM: $22.82 billion
Allocation to alternatives: 37%
Teachers’ Retirement System of Louisiana confirmed $200 million of private equity commitments to two funds at its January 2021 investment committee meeting, a contact at the pension informed Private Equity International.
TRSL has a 14 percent target allocation to private equity that currently stands at 18 percent.
As illustrated below, the $22.82 billion US public pension’s private equity commitments have tended to target venture capital, growth equity or buyout vehicles focused on Europe and North America.
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