Institution: Teachers’ Retirement System of Louisiana
Headquarters: Baton Rouge, US
AUM: $27.26 billion
Allocation to alternatives: 41%
Fund VII, managed by Cabot, will invest into value-added industrial opportunities across Europe, North America and Asia-Pacific. TRSL has previously invested into Cabot’s Industrial Fund series, investing $50 million in Fund VI.
TRSL has a 10 percent target allocation to real estate with a current allocation to the asset class of 9 percent.
As illustrated below, TRSL’s recent real estate commitments have tended to focus on North American vehicles across a variety of sectors and strategies.
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