Arkansas TRS Commits $125M to Alts

The Arkansas Teachers Retirement System disclosed three recent commitments to alternatives totaling $125 million, according to minutes from the February 5th Board meeting.

In real assets, $50 million was committed to EnCap Energy Transition Fund II, a fund focused on energy transition.

Within private equity, $25 million was committed to Beekman Investment Partners V, a fund specializing in consumer, healthcare, and industrial services.

And in real estate, $50 million was committed to KKR Real Estate Partners Americas IV, a fund focused on industrial and rental properties.

As of December 31, 2023 the $21.3 billion pension fund allocates 13.71% to private equity and 12.04% to real assets. The Long-Term Policy targets for private equity and real assets are 12% and 15% respectively.

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