Institution: Teachers’ Retirement System of Louisiana
Headquarters: Baton Rouge, US
AUM: $25.4 billion
Allocation to alternatives: 47%
The fund, which is managed by P10-owned Hark Capital Advisors, will invest into North American-companies and seek senior debt returns.
TRSL’s recent private debt commitments have tended to focus on global vehicles targeting distressed or subordinated/mezzanine debt returns.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.