Louisiana Teachers puts up to $100 million into private debt, real estate
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Louisiana Teachers Retirement System, Baton Rouge, made two new commitments totaling up to $100 million, said Dana T. Brown, director of public markets.
The $23.4 billion pension fund committed up to $75 million to Carlyle Credit Opportunities Fund II, a middle-market direct lending fund managed by
Carlyle Group, and up to $25 million to Cabot Industrial Value Fund VI, a value-added real estate fund managed by
Cabot Properties.
As of Dec. 31, the actual allocations to real estate and private market debt were 9% and 6%, respectively.
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