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ATRS approves $100m in commitments

The US public pension has backed two North American real estate funds.

Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, US
AUM: $16.66 billion
Allocation to alternatives: 32.30%

Arkansas Teacher Retirement System has agreed to commit $50 million each to Kayne Anderson Real Estate Partners VI and PGIM Real Estate Capital VII, a contact at the pension informed PERE.

The $16.66 billion US public pension has a 12.0 percent target allocation to real estate that currently stands at 14.3 percent.

As illustrated below, the pension fund’s recent commitments are to funds focused on the office sector within the North America region.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.