TRSL commits $100m to AgIS separate account

The US public pension has created a separate account with AgIS Capital.

Institution: Teachers’ Retirement System of Louisiana
Headquarters: Baton Rouge, United States
AUM: $19.71bn
Allocation to alternatives: 32.0%

Teachers’ Retirement System of Louisiana (TRSL) has agreed to commit up to $100 million to a newly created separate account with AgIS Capital, as disclosed to Agri Investor by a contact at the firm. AgIS Capital is a permanent crops-focused farmland manager.

TRSL has made three commitments focused on agriculture in 2018 and 2019, which combined constitute $275 million.

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