TRSL approves $50m commitment

The US public pension has backed a North American real estate fund.

Institution: Teachers’ Retirement System of Louisiana
Headquarters: Baton Rouge, United States
AUM: $20.02 billion
Allocation to alternatives: 38%

Teachers’ Retirement System of Louisiana has agreed to commit $50 million to IPI Data Center Partners Fund II, a contact at the pension informed PERE.

The $20.02 billion US public pension has a 10 percent allocation to real estate.

As illustrated below, the pension fund’s recent commitments are to funds focused on the residential sector within the North America region.

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