Louisiana Teachers’ commits $75 mln each to TPG, Oaktree funds


A musician walks in the French Quarter as Hurricane Nate approaches the U.S. Gulf Coast in New Orleans, Louisiana, U.S. October 7, 2017. REUTERS/Jonathan Bachman     TPX IMAGES OF THE DAY - RC140612D7D0
A musician walks in the French Quarter as Hurricane Nate approaches the U.S. Gulf Coast in New Orleans, Louisiana, U.S. October 7, 2017. REUTERS/Jonathan Bachman TPX IMAGES OF THE DAY - RC140612D7D0
  • New Oaktree special situations fund raising as much as $1.75 bln
  • TPG targets $3 bln for new RE fund
  • Louisiana Teachers’ alternatives portfolio valued at more than $6 bln
Teachers’ Retirement System of Louisiana last week committed up to $150 million across two funds, allocating $75 million to vehicles managed by Oaktree Capital Management and TPG’s real estate arm. The $20 billion system backed Oaktree’s latest special-situations fund, which is ...

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