The Teachers’ Retirement System of Louisiana (TRSL) has approved two commitments to private credit totaling $225 million.
$100 million was allocated to Comvest Credit Partners VII, L.P.
An additional $125 million was allocated to Castlelake Asset-Based Private Credit III, L.P.
Hamilton Lane assisted with the investments.
As of January 31, 2024, TRSL had a market value of $25.5 billion.
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