The Teachers' Retirement System of Louisiana is committing $200 million each to Brookfield Investment Management Inc. and Dimensional Fund Advisors LP, IPE Real Assets reported.

Both managers will have full discretion to invest in real estate investment trusts globally, while the commitments will allow the pension fund to meet its REIT allocation target of 2%, according to the publication.

The pension fund, which was first reported in June to be searching for REIT managers, hired Brookfield and Dimensional Fund based on the recommendation of its investment consultant Aon Hewitt.