Louisiana School Commits $25M to Real Estate

The Louisiana School Employees’ Retirement System has disclosed a $25 million commitment to Pennybacker VI.

The value-add real estate fund investment was approved at the February 6 board meeting.

As of September 30, 2022, the $2 billion Retirement System has an actual and target allocation to real estate of 4.4% and 12% respectively.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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