Louisiana TRS Commits $100M to Direct Lending, Hires Brandywine for MAC Search

The Teachers’ Retirement System of Louisiana has disclosed an up to $100 million commitment that was approved for the Blackstone Senior Direct Lending Fund.

Hamilton Lane assisted with the investment.

Also at the August board meeting, the Multi-Asset Credit search was concluded with the hiring of Brandywine. Apollo and Manulife were also considered for the search. Aon assisted with the search.

For the large cap value manager search, LSV was retained without interview. Aristotle, Putnam, and Wellington are being invited to interview at a later date. Aon is also assisting with this search.

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