Arkansas TRS Reviews 2024 Private Equity and Real Assets Commitment Pacing Targets

The Arkansas Teacher Retirement System reviewed their 2024 private equity and real assets commitment pacing targets at the December 4th Board meeting.

In private equity, their target commitment for the year is $385 million. $35 million will be targeted to 5 small or mid/buyout/growth strategies, $35 million to 2 debt/distressed assets, $60 million to Franklin Park Co-Investment VI, $40 million to Franklin Park Venture XV, and $40 million to Franklin Park Corporate Access Fund III.

In real assets, their target commitment for the year is $450 million. Arkansas TRS plans to commit $250 million to core real estate, $150 million to value added/opportunistic, and $50 million to infrastructure.

As of September 30, 2023, the $20 billion allocates 14.48% to private equity with a target of 15%. The actual and target to real assets was 12.4% to real assets with a target of 15%.

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