Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, US
AUM: $21.78 billion
Allocation to alternatives: 21.8%
Arkansas Teacher Retirement System has confirmed $60 million in commitments across two private equity vehicles, according to materials from the pension’s April board of trustees meeting.
The pension committed $30 million to Arlington Capital Partners VI and committed $30 million to Franklin Park Venture Fund XIV. For Franklin Park‘s vehicle, this is a top-up investment that brings the total investment to $60 million.
The $21.78 billion US public pension has a 12.4 percent current allocation to private equity and as illustrated below, tends to target North America-focused vehicles pursuing a variety of sectors.
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