Arkansas PERS Invests $725M to Private Equity

The Arkansas Public Employees Retirement System is making two commitments to private equity totalling $725 million.

$400 million will be allocated to HarbourVest Partners Dover Street XI, a secondary private equity fund. 

Additionally, $325 million will be allocated to NB Arkansas PERS FOO, LP, a custom private equity fund.

As of December 31, 2023, the Retirement Fund was valued at nearly $11 billion, allocating 3% to alternative investments.

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