The Teachers’ Retirement System of Louisiana has approved four alternative investments totaling up to $300 million at the January board meeting.
Within infrastructure, Stonepeak Opportunities Fund and Global Infrastructure Partners Fund V both were awarded a $50 million commitment.
Additionally, $125 million was committed to the private credit fund, BCP Special Opportunities Fund III. BC Partners manages the distressed credit fund.
Lastly, $75 million was committed to the private equity fund, Genstar Capital Partners XI.
Hamilton Lane assisted with the recommendations.
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