LSPRS proposes new real estate allocation target

The US-based pension fund proposes a new 8% allocation target for private real estate.

Name: Louisiana State Police Retirement System
Headquarters: Baton Rogue, US
AUM: $1.1 billion
Allocation to private real estate: 8%

Louisiana State Police Retirement System has proposed new allocation targets according to materials from its latest investment committee meeting.

The pension fund has proposed an 8 percent allocation target for private real estate, higher than its current 7.5 percent target. They have also recommended a change to the allowable allocation range for private real estate from 2.5-12.5percent to 5-11 percent.

Louisiana State Police Retirement System currently has an 8 percent allocation towards private real estate in line with the new proposed target.

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