ATRS confirms $50m commitment

The US pension has backed a secondaries real estate fund and outlined its 2022 real assets pacing plan.

Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, US
AUM: $21.2 billion
Allocation to alternatives: 21.5%

Arkansas Teacher Retirement System has confirmed a $50 million commitment to a secondary real estate fund, according to materials from the pension’s December board of trustees meeting. Landmark Real Estate Partners IX, managed by Landmark Partners, will seek to invest into value-add and opportunistic real estate funds.

The pension also announced its real asset committed pacing plan for 2022. The pension will:

  • Commit around $575 million across real assets in total.
  • Allocate $250 million  to Core Real Estate funds.
  • Allocate $250 million to value-add and opportunistic real estate funds
  • Allocate the remaining $75 million towards infrastructure funds

The $21.2 billion US public pension has a 6.3 percent allocation to real estate and, as illustrated below, tends to target North America-focused vehicles pursuing a variety of sectors.

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