Louisiana TRS Commits $300M to Alts

January 12, 2023

Written By:
Koncheng Moua, Research Data Analyst

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.

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!

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Tags: Pension Funds, Alternatives, Real Assets, Private Equity, Credit

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