Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, United States
AUM: $15.18 billion
Allocation to alternatives: 36.60%
Arkansas Teacher Retirement System has confirmed $100 million in commitments across two real estate funds, a contact at the pension informed PERE.
The commitments comprise of $50 million each to Torchlight Debt Opportunity Fund VII and CBRE Strategic Partners US Value 9 Fund.
The $15.18 billion US public pension has a 10.0 percent target allocation to real estate that currently stands at 8.90 percent.
As illustrated below, the institution has historically committed to funds with a North America focus.
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