Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, United States
Allocation to alternatives: 29.40%
Arkansas Teacher Retirement System (ATRS) has approved commitments of €44 million ($50 million) to Blackstone Real Estate Partners Europe VI, $40 million to Rockwood Capital Real Estate Partners XI and $40 million to Walton Street Real Estate Debt Fund II, a contact at the pension fund informed PERE.
The $17.49 billion US public pension has a 10.0 percent target allocation to real estate that currently stands at 9.80 percent.
As illustrated in the chart below, the pension fund has committed to five real estate funds with a 2018 or 2019 vintage, which combined constitute $210 million.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.