The Teachers’ Retirement System of Louisiana (TRSL) has committed $50 million to Stonepeak Opportunities Fund II, a closed-end fund with a fundraising target of $4 billion.
The fund will invest in energy transition, transportation/logistics, digital and social infrastructure assets in the middle market. The inaugural Stonepeak Opportunities Fund closed with $3.15 billion in total commitments in 2024, oversubscribed from its original target of $2.5 billion.
TRSL, a public pension fund, had $29 billion in total assets under management, as of Sept. 30, 2025. As of late 2025, the fund had a 3 percent infrastructure allocation target with $725 million in infrastructure assets.
