ATRS approves $40m commitment

The US public pension has backed North American real estate fund.

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 $40 million to Mesa West Real Estate Income Fund V, a contact at the pension informed PERE.

The $32.30 billion US public pension has 10 percent target allocation to real estate that currently stands at 8.10 percent.

As illustrated below, the pension fund’s recent commitments are to vehicles focused on the retail, industrial, hospitality, office and residential sectors within the North America region.

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