Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, United States
Allocation to alternatives: 28.70%
Arkansas Teacher Retirement System has agreed to commit $50 million to Long Wharf Real Estate Partners VI, a contact at the pension informed PERE. The fund is targeting value-add retail, industrial, office and residential property in the US.
The $17.58 billion US public pension has a 10.0 percent target allocation to real estate that currently stands at 7.80 percent.
As illustrated below, ATRS has made six commitments to real estate funds with a 2018 or 2019 vintage, which combined constitute $258.7 million.
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