Louisiana TRS Commits $100M to Direct Lending, Hires Brandywine for MAC Search

Written by: Koncheng Moua, Director of Data Management and Strategy

The Teachers’ Retirement System of Louisiana has disclosed an up to $100 million commitment that was approved for the Blackstone Senior Direct Lending Fund.

Hamilton Lane assisted with the investment.

Also at the August board meeting, the Multi-Asset Credit search was concluded with the hiring of Brandywine. Apollo and Manulife were also considered for the search. Aon assisted with the search.

For the large cap value manager search, LSV was retained without interview. Aristotle, Putnam, and Wellington are being invited to interview at a later date. Aon is also assisting with this search.

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!

 

Recent Posts

November 28, 2023

Oklahoma TRS Commits $100M to Real Estate

The Teachers’ Retirement System of Oklahoma disclosed a $100 million investment to real estate from...

November 04, 2022

Texas County Commits $100M to Direct Lending Fund

The Texas County & District Retirement System has made a $100 million commitment to the Pathlight...

November 22, 2023

Louisiana SERS Commits $100M to Private Equity

The Louisiana State Employees Retirement System (LASERS) approved the commitment of $100 million to...