ATRS approves $50m commitment

The US public pension has backed a North American private debt fund.

Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, United States
AUM: $15.18 billion
Allocation to alternatives: 36.60%

Arkansas Teacher Retirement System has confirmed a $50 million commitment to Torchlight Debt Opportunity Fund VII, a contact at the pension informed Private Debt Investor.

Torchlight’s seventh flagship fund focuses on high-yield real estate debt investments in both public and private markets. The fund will have the ability to originate or acquire loans.

As illustrated below, the institution’s recent commitments are to funds focused on the real estate and corporate sectors in North America.

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