realestate

Louisiana Educators Allocate $650M to Real Estate Investments

Teachers' Retirement System of Louisiana adds 3 real estate funds to private markets program for $27 billion portfolio.

T
he Teachers' Retirement System of Louisiana has expanded its private markets program by adding three real estate funds, valued at $27 billion. The system's real estate portfolio, comprising core and opportunistic strategies, now totals $3.2 billion. However, the program experienced annualized losses exceeding 8% as of September 30.

Louisiana educators invest $650 million in real estate across state.