Arkansas PERS Targets $575M to Private Equity in 2023

The Arkansas Public Employees Retirement System is targeting $575 million in private equity commitments in 2023 according to a commitment pacing report from their consultant Callan.

$500 million is anticipated to be deployed in secondary funds. And the remaining $75 million is to be allocated to primary fund-of-funds.

Callan anticipates initially launching a search for Secondaries followed by a Primary Fund of Fund search to implement the private equity program.

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