The $1.9 billion Louisiana School Employees’ Retirement System has committed $30 million to Henderson Park Real Estate Fund, confirmed Matthew Freedman, CIO for the retirement system.
Henderson Park Real Estate Fund is managed by Henderson Park Capital Partners, a London-based private equity real estate firm. The debt fund will invest in the office, healthcare, retail and student housing sectors throughout Europe.
In additional commitments to real estate funds, LSERS recently invested $30 million to HighBrook Income Property Fund III, a fund managed by HighBrook Investors, a New York–based real estate private equity firm. The firm is a value-oriented investor that acquires and manages property investments across North America and Europe that are typically in need of repositioning or restructuring. Fund III will invest in debt secured by U.S. properties, focusing on the office sector.
As of March 31, 2018, Louisiana SERS’s real estate portfolio had a market value of $160.9 million, with an actual allocation of 8.41 percent.
