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Louisiana Teachers approves $100m commitment

The US public pension has backed a North America-focused fund.

Teachers' Retirement System of Louisiana has approved a commitment of $100 million to Carlyle Realty Partners VIII, an opportunistic fund.

The $17 billion US public pension has a 7 percent target allocation to real estate that stands currently at 8.9 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.