Arkansas Teacher Retirement System approves $50m commitment

Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, United States
AUM: $17.35bn
Allocation to alternatives: 24.20%
Bitesize: $10-50m

Arkansas Teacher Retirement System has approved commitment of up to $50 million to Axium’s open-ended Infrastructure North America Fund, a contact at the pension confirmed Infrastructure Investor.

The fund typically invests in US and Canadian mid-sized assets defined as requiring equity investments of $15 million to $75 million in energy, transportation and social infrastructure assets.

The $17.35 billion US public pension has a 2.0 percent target allocation to infrastructure that currently stands at 1.60 percent.

As illustrated in the charts below, ATRS has made six commitments to infrastructure funds since 2015, which combined constitute $204.50 million.

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