Publications

Investors - AUGUST 10, 2017

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

TRSL plans to invest up to $400m in real estate throughout fiscal year 2018

by Jody Barhanovich

The $18.2 billion Teachers’ Retirement System of Louisiana plans to invest up to $400 million in real estate throughout fiscal year 2018, focusing on value-added strategies and debt investments, according to a board meeting document.

The pension fund estimates it will invest between $300 million and $400 million in real estate, according to a board meeting document. The pension fund’s consultant, Hamilton Lane, suggested that value-added strategies and debt investments would be the best opportunities for Louisiana Teachers.

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.

In additional news, Louisiana Teachers has narrowed its search for managers to oversee investments in global REITs to six finalists: AEW, Brookfield, CenterSquare, Cohen & Steers, Dimensional Fund Advisors, and Principal Real Estate Investors.

Louisiana Teachers has a target allocati

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