Louisiana Teachers' Retirement System, Baton Rouge, made three new commitments totaling up to $225 million, said Dana Brown, director of public markets.
The $16.7 billion pension fund committed up to $125 million to Blackstone Tactical Opportunities Fund II, a private equity fund, and up to $50 million to Blackstone Real Estate Partners VIII, a global real estate fund, both managed by Blackstone Group.
Most recently, the pension fund committed $100 million to Blackstone Energy Partners II in September 2014.
Separately, the pension fund committed up to $50 million to New Enterprise Associates 15, a venture capital fund. The pension fund previously committed up to $50 million to New Enterprise Associates 14 in May 2012.
