ATRS approves $30m commitment

The US public pension has backed a distressed debt fund.

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Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, United States
AUM: $17.49bn
Allocation to alternatives: 29.40%
Bitesize: $10-50m

Arkansas Teacher Retirement System (ATRS) has approved a commitment of $30 million to American Industrial Partners Capital Fund VII, according to the pension’s latest Board meeting minutes. The fund focuses on the acquisition of distressed debt across North America.

As illustrated in the charts below, ATRS has made three commitments to private debt funds with a vintage of 2018 or 2019, which combined constitute $100 million.

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