The Teachers Retirement System of Louisiana has approved three commitments to real estate totalling $275 million.
$150 million was allocated to Brookfield Strategic Real Estate Partners V and $75 million was allocated to Bain Capital Real Estate Fund III. Additionally, $50 million was allocated to Cabot Industrial Value Fund VII.
As of October 31, 2023, the $24 billion Retirement Fund has an actual and target allocation to real estate of 12% and 15% respectively.
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