Louisiana Teachers adjusts PE pacing to combat buyout overweighting - PEI Private Equity

Louisiana Teachers is adjusting the pacing of its private equity commitments to address an overweight in buyout strategies, according to PEI Private Equity. The pension is targeting a commitment range of $400 million to $1.05 billion for fiscal year 2027, a range that gives the plan flexibility in how quickly it deploys capital into the asset class.

In addition to the core private equity range, the pension plans to allocate an extra $200 million for co-investments. Co-investment programs allow limited partners to invest directly alongside general partners in specific transactions, typically with reduced or no fees, and are often used by large institutions to adjust exposure without committing to new blind-pool funds.

The report, authored by Alfie Crooks and published on 3 September 2026, indicates that the pacing revision is a response to the plan's buyout concentration rather than a broader retreat from private markets. The primary source provides limited additional detail on the specific allocation mix across strategies, vintage years or manager selections, so readers seeking those specifics should consult the full PEI report.