Key Takeaways
- • The Louisiana Teachers' Retirement System is preparing to sign off on a new co-investment mandate that would quadruple its co-investment pace over the next three years, according to PEI Private Equity.
- • The planned mandate signals a significant expansion of the pension plan's direct-alongside exposure to private equity managers.
- • The story was reported by Alfie Crooks of PEI on October 14, 2025, and is categorized under investors, managers, and pensions LP news.
Summary
The Louisiana Teachers' pension plan is preparing to sign off on a new co-investment mandate that would quadruple its co-investment pace over the next three years, according to PEI Private Equity. Reporter Alfie Crooks covered the development in an article published October 14, 2025.
Co-investments, in which limited partners invest alongside a general partner in specific deals, typically allow pensions to deploy capital into private market assets with reduced or no fee and carry layers. A mandate of this scale would represent a material shift in the plan's private markets strategy, with the stated goal of accelerating deployment over a three-year horizon.
The primary source is brief and does not disclose the mandate's dollar size, the managers or deals it would target, or the expected allocation split. Readers seeking those details should consult the pension's board materials or subsequent reporting.
Co-investments, in which limited partners invest alongside a general partner in specific deals, typically allow pensions to deploy capital into private market assets with reduced or no fee and carry layers. A mandate of this scale would represent a material shift in the plan's private markets strategy, with the stated goal of accelerating deployment over a three-year horizon.
The primary source is brief and does not disclose the mandate's dollar size, the managers or deals it would target, or the expected allocation split. Readers seeking those details should consult the pension's board materials or subsequent reporting.
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