The Teachers’ Retirement System of Louisiana (TRSL) has committed €115 million ($129.1 million) to EQT Exeter Europe Logistics Value Fund V, according to meeting materials.
EQT Exeter Europe Logistics Value Fund V, a program of EQT Real Estate, is a closed-end, value-added fund that focuses on logistics and industrial properties in Europe. A fundraising goal has not been determined. The fund’s predecessor, Exeter Europe Logistics Value Fund IV, raised €2.1 billion ($2.4 billion) upon its final closure in 2021.
TRSL is a public pension fund that had $27.5 billion in total assets under management, as of Jan. 31, 2025. As of then, it had a 15 percent real estate allocation target with $3.6 billion in total real estate assets.
