At its July 7 meeting, the board of the Louisiana Teachers’ Retirement System (LTRS) 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 . . .
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