Louisiana Teachers' Retirement System, Baton Rouge, made three new commitments totaling up to $164.3 million, said Dana Brown, director of public markets.
The $16.6 billion pension fund committed up to $75 million to Kohlberg Investors VIII, a middle-market buyout fund managed by Kohlberg & Co. The pension fund previously committed up to $75 million to Kohlberg Investors VII in September 2011.
The pension fund also committed up to $50 million to Oaktree Real Estate Opportunities Fund VII, an opportunistic real estate fund managed by Oaktree Capital Management. The pension fund previously committed up to $50 million to Oaktree Real Estate Opportunities Fund VI in July 2013.
Also, the pension fund committed up to £30 million ($39.3 million) to Bridgepoint Development Capital III, a European middle-market buyout fund managed by Bridgepoint Capital. The pension fund previously committed $75 million to Bridgepoint Europe V in August 2014.
