Louisiana Teachers’ backs Apollo natural-resources fund, sets pacing target


Teachers’ Retirement System of Louisiana, Apollo Global Management, pension fund, private equity
The State Supreme Court building in the French Quarter in New Orleans. Rauluminate/iStock/Getty Images
Teachers’ Retirement System of Louisiana re-upped $75 million to Apollo Global Management’s third natural-resources fund, targeting $4 billion, its December meeting documents said. Apollo’s natural resources program is nested within its private equity strategy and has more than $5 billion ...

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