Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, US
AUM: $21.2 billion
Allocation to alternatives: 21.5%
Arkansas Teacher Retirement System has confirmed $155 million-worth of commitments to three private real estate funds, according to materials from the pension’s September 2021 board meeting.
The pension committed $55 million to LBA Logistics Value Fund IX. The fund also made commitments to GLP Capital Partners IV and Carlyle Realty Partners IX at $50 million each. The commitments to Carlyle and GLP Capital Partner’s funds represent re-ups. The pension previously invested $100 million to Carlyle’s fund and $50 million to GLP’s fund.
The $21.2 billion US public pension has a 6.3 percent current allocation to real estate and tends to target North America-focused vehicles pursuing value added or opportunistic strategies.
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