Louisiana TRS Commits $205M to Alts

The Teachers’ Retirement System of Louisiana (TRSL) has approved a total of $205 million in commitments across four alternative investment strategies, including private credit, real assets, and private equity.

A $125 million commitment was made to FP Credit Partners III, a private credit strategy managed by Francisco Partners.

$50 million was allocated to Asterion Industrial Infra Fund III, a real assets investment strategy managed by Asterion Industrial Partners.

Lastly, $15 million was allocated to Quantum Energy Partners VIII, a private equity strategy managed by Quantum Capital Group. An additional $15 million was allocated to Quantum Energy Partners VIII Co-Invest. 

Investment consultant, Hamilton Lane, assisted with the investments.

As of March 31, 2024, TRSL has a market value of $26.27 million.

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Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.

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