At its July 7 meeting, the board of the Louisiana Teachers’ Retirement System (TRSL) adopted a 2023 private market strategy proposed by its consultant Hamilton Lane that involves the investment of $3 billion to $4 billion over the system’s next fiscal year.
The board of the $25 billion public pension fund also hired New York’s Cohen & Steers to manage a $200 million global REIT mandate, according to plan documents.
During the spring, the public pension system sought two managers to manage its global REITs mandates, which totaled $400 million ($200 million . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators