Louisiana Teachers Assigns $100 Million to Real Estate, Infrastructure

Louisiana Teachers’ Retirement System, Baton Rouge, made two new commitments totaling up to $100 million, said Dana Brown, director of public markets.

The $20 billion pension fund committed up to $50 million each to Campus Real Estate Partners II, a real estate joint venture between developer Campus Apartments and Clarion Partners, and infrastructure fund Global Infrastructure Partners IV.

The pension fund previously committed up to $35 million to Campus Clarion Student Housing Partners in 2014 and $50 million to Global Infrastructure Partners III in 2016.

As of April 30, the actual allocations to real estate and infrastructure/commodities/farmland were 8% and 4%, respectively.

Original article found at: https://www.pionline.com/searches-and-hires/louisiana-teachers-assigns-100-million-real-estate-infrastructure

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