Louisiana pension fund increases capital to Henderson Park maiden fund

The $1.9 billion Louisiana School Employees’ Retirement System (LSERS) made two investments for its real estate portfolio during the first quarter 2019.

LSERS made a $40 million commitment to the Siguler Guff Distressed Real Estate Opportunities Fund IIB, managed by Siguler Guff & Co. It invests in direct distressed real estate investments that are sourced through relationships established via Siguler Guff Distressed Real Estate Funds I & II, primarily in North America and Europe.

And LSERS has plans to increase its investment to Henderson Park Real Estate Fund I by $10 million. The Henderson Park Capital Partners–managed fund has raised $1.6 billion with a further $600 million raised in co-investment vehicles, as of December 2018. It invests with a value-added, opportunistic strategy in the CBD office, healthcare, retail and student housing markets.