The Teachers’ Retirement System of Louisiana (TRSL) has made a commitment of $50 million to Crow Holdings Realty Partners IX, a value-add real estate fund managed by Crow Holdings Capital Partners.
As of mid-April, Crow Holdings Realty Partners IX had raised $752.25 million. The fund targets the multifamily, convenience and gas station, industrial, retail, self-storage, and student housing sectors.
As of March 31, TRSL had an actual allocation of 10 percent to the real estate asset class, matching its target exactly.
