Louisiana TRS Selects Small Cap Growth Manager

Teachers’ Retirement System of Louisiana (TRSL) has hired Driehaus Capital for a Domestic Small Cap Growth search, according to draft minutes from the October 6 investment committee meeting.

Driehaus will manage a $250 million mandate for the Retirement System.

AllianceBernstein was also considered.

Consultant, Aon, assisted with the search.

As of August 31, 2022, the $24.5 billion TRSL, the actual and target allocation to US Equity was 24% and 22% respectively.

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