Teachers Retirement System of Louisiana, Baton Rouge, committed about $125 million to the CVC European Equity Partners V fund and $75 million to the Crow Holding Realty Partners fund, said Bob Leggett, CIO of the $15.2 billion system. Hamilton Lane Advisors, the funds private equity consultant, assisted.
Separately, the board on June 2-3 will interview finalists to handle about $225 million in active domestic small-cap value equities. Boston Co. Asset Management, Evergreen Investments, Fiduciary Management Associates and Northern Trust Investments are the finalists. An RFP was issued in February. The current manager is Systematic Financial Management, which was invited to rebid. Consultant Hammond Associates is assisting.