The Louisiana School Employees’ Retirement System has disclosed a $25 million commitment to Pennybacker VI.
The value-add real estate fund investment was approved at the February 6 board meeting.
As of September 30, 2022, the $2 billion Retirement System has an actual and target allocation to real estate of 4.4% and 12% respectively.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!
