Louisiana Teachers’ Retirement System, Baton Rouge, made three new commitments totaling up to $200 million, said Dana Brown, director of public markets.
The $16.7 billion pension fund committed up to $75 million to Lone Star Fund IX, a real estate debt fund. It is the pension fund’s first commitment to Lone Star Funds.
Also, the pension fund committed up to $75 million to Roark Capital Partners IV, a private equity fund managed by Roark Capital Group. The pension fund previously committed $50 million to Roark Capital Partners III in May 2012.
The pension fund also committed up to $50 million to Carlyle Realty Partners VII, an opportunistic real estate fund managed by Carlyle Group. The pension fund previously committed $75 million to Carlyle Realty Partners VI in April 2011.