Louisiana Teachers’ Retirement System Commits $200M to Private Markets
The Teachers’ Retirement System of Louisiana (TRSL) has committed a total of $200 million across three new private market strategies, further strengthening its allocation to private equity and infrastructure.
The largest of the three commitments—up to $100 million—was allocated to Charterhouse Capital Partners XII, a European middle-market private equity strategy managed by London-based Charterhouse Capital Partners.
TRSL also made two $50 million infrastructure allocations: One to Energy Capital Partners (ECP) VI, a fund focused on investments in electricity and sustainability infrastructure aimed at delivering reliable, affordable, and clean energy. Another to BCP Infrastructure Fund II, managed by Bernhard Capital Partners, which targets U.S. middle-market regulated utilities and infrastructure assets tied to the energy transition and transportation. TRSL had previously committed $50 million to BCP Fund III in 2023.
The $28 billion Baton Rouge-based pension system maintains a $14 billion allocation to alternative assets and real estate. As of the end of May, alternative assets excluding real estate returned 6.31% over a 12-month period, while real estate returned 0.26%.