Arkansas TRS Commits $60M to Private Equity

The Arkansas Teacher Retirement System has committed $60 million between two private equity funds.

$30 million was allocated to JFL Equity Investors VI, managed by JF Lehman & Co. The buyout fund will target defense, aerospace, maritime, and environmental/infrastructure services companies in the U.S. and UK.

Additionally, $30 million was committed to Greenbriar Equity Fund VI. Fund VI will make investments in companies across logistics, aerospace & defense, and transportation sub-sectors in the U.S.

Consultant, Franklin Park, assisted with due diligence.

As of June 30, 2022, the $19.7 billion Retirement System has an actual and target allocation to private equity of 15.5% and 12% respectively.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!