ATRS confirms $90m in commitments

The US pension has backed two private debt funds.

Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, US
AUM: $21.2 billion
Allocation to alternatives: 21.5%

Arkansas Teacher Retirement System has confirmed $90 million-worth of commitments across two private debt funds, according to materials from the pension’s September 2021 board meeting.

The commitments comprised $40 million to Almanac Realty Securities IX and $50 million to Chatham Asset Private Debt & Strategic Capital Fund III. The pension has previously invested into the Almanac Realty Securities fund series and committed to the fifth and sixth fund.

As illustrated below, the $21.2 billion US public pension tends to target North America-focused vehicles pursuing senior or subordinated/mezzanine debt strategies.

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