LSPRS proposes real estate allocation changes

The US pension fund has proposed an increase in its private real estate target allocation.

Name: Louisiana State Police Retirement System
Headquarters: Baton Rouge, US
AUM: $1.01bn
Allocation to private real estate: 9.6%

The Louisiana State Police Retirement System has proposed an increase in its private real estate allocation as per its materials from a recent investment committee meeting.

The proposed increase of 2.5 percent would result in a target allocation of 10 percent, bringing the target allocation in line with the current allocation of 9.6 percent.

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