Louisiana Teachers invests US$50m in GIP IV
The Teachers’ Retirement System of Louisiana (TRSL) has invested a US$50 million commitment into Global Infrastructure Partners IV Fund, managed by Global Infrastructure Partners.
The Fund is set to invest in the energy, transportation, ports and wastewater sectors in Europe, the United States and around the world.
Global Infrastructure Partners IV is launched in April 2018. Since then, it has received various investments that include US$200 million from the Connecticut Retirement Plans and Trust Funds, US$225 million from the Florida State Board of Administration, US$150 million from the Texas Municipal Retirement System, and US$5 million from the City of Quincy (Mass.) Contributory Retirement System.
Currently, the Fund has raised approximately US$13.5 billion, against the US$20 billion target amount.
Country updates
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July 17, 2019
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