Investors - AUGUST 10, 2017

TRSL plans to invest up to $100m in infrastructure in fiscal year 2018

by Jody Barhanovich

The $18.2 billion Teachers’ Retirement System of Louisiana plans to invest up to $100 million in infrastructure throughout fiscal year 2018, according to a board meeting document.

The pension fund mainly invests in physical and organizational structures and facilities related to transportation, power supplies and utilities. TRSL recently committed $50 million to NGP Natural Resources XII, managed by NGP Energy Capital Management, and in 2016, it committed $50 million to Global Infrastructure Partners III.

TRSL will also invest up to $100 million each to commodities and farmland, seeking to reach its 1 percent allocation target to each. In regards to commodities, the pension fund focuses its investments in tangible assets including raw materials, metals and energy-related natural resources. For farmland, TRSL invests in row and permanent crops and farmland services.

The pension fund’s overall target commitment pace for fiscal year 2018 is $1.3 billion to $1.6 billion, according to the board meeting document.

TRSL has a target allocation to infrastructure of 1.5 percent and an actual allocation of 1.9 percent.


Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy