Teachers’ Retirement System of Louisiana approves $50m commitment

The US public pension has backed GIP's fourth global infrastructure fund.

Institution: Teachers’ Retirement System of Louisiana
Headquarters: Baton Rouge, United States
AUM: $20.16bn
Allocation to alternatives: 33.0%
Bitesize: $50-100m

Teachers’ Retirement System of Louisiana has agreed to commit $50 million to Global Infrastructure Partners IV, a contact at the pension informed Infrastructure Investor.

The $20.16 billion US public pension has a 3.0 percent target and actual allocation to infrastructure.

As illustrated in the charts below, Teachers’ Retirement System of Louisiana has made four commitments to infrastructure funds with a 2018 vintage, which combined constitute $275 million.

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