Louisiana TRS Commits $225M to Private Credit

The Teachers’ Retirement System of Louisiana (TRSL) has approved two commitments to private credit totaling $225 million. 

$100 million was allocated to Comvest Credit Partners VII, L.P. 

An additional $125 million was allocated to Castlelake Asset-Based Private Credit III, L.P. 

Hamilton Lane assisted with the investments.

As of January 31, 2024, TRSL had a market value of $25.5 billion.

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