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Louisiana Teachers commits $200m to EnCap, NGP infrastructure funds

Friday, October 9, 2026 · first reported by IREI

The Teachers' Retirement System of Louisiana (TRSL) has committed a total of $200 million across three funds run by EnCap Investments and NGP Energy Capital Management.

EnCap Energy Capital Fund XIII, a closed-end opportunistic fund targeting upstream oil and gas in Canada and the United States, gets $75 million. EnCap Flatrock Midstream Fund VI, which invests in midstream infrastructure, gets $50 million and has a $1.5 billion maximum size. NGP Natural Resources XIV receives $75 million and has a $2.5 billion fundraising size. TRSL held $1.8 billion in infrastructure assets as of February 2026.

Fund
EnCap Energy Capital Fund XIII / EnCap Flatrock Midstream Fund VI / NGP Natural Resources XIV
Asset class
Private equity
Geography
North America

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

Coverage

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