Institution: Teachers’ Retirement System of Louisiana
Headquarters: Baton Rouge, United States
Allocation to alternatives: 33.0%
Teachers’ Retirement System of Louisiana has agreed to commit up to $75 million to Harbert United States Real Estate Fund VII and up to $50 million to Cabot Industrial Value Fund VI, a contact at the pension informed PERE.
The $20.16 billion US public pension has a 10.0 percent target allocation to real estate that currently stands at 8.0 percent.
As illustrated in the charts below, Teachers’ Retirement System of Louisiana has made five commitments to real estate funds with a 2019 vintage, which combined constitute $300 million.
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