Investors - SEPTEMBER 15, 2021

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TRS Louisiana to commit $50m to Lion Industrial Trust

by Kali Persall

The Teachers' Retirement System (TRS) of Louisiana has approved a commitment of up to $50 million to Lion Industrial Trust, an open-end industrial real estate fund managed by Clarion Partners.

Lion Industrial Trust is a core real estate fund that seeks to own, develop, manage and strategically sell industrial warehouse properties and land in 25 U.S. markets.

Other recent investors in the fund include the San Jose Police and Fire Department Retirement Plan, the San Jose Police and Fire Retiree Health Care Trust Fund, the San Jose Federated City Employees’ Retirement System and the San Jose Federated Retiree Health Care Trust Fund.

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