ATRS confirms $100m in follow up commitments

The US pension has increased its prior commitments to two infrastructure 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 $100 million worth of commitments across two infrastructure funds, according to materials from the pension’s September board meeting.

The investor committed $50 million to ISQ Global Infrastructure Fund III and $50 million to KKR Diversified Core Infrastructure Fund (open-ended). These represent top-up capital commitments. The pension previously invested $50 million to both KKR and I Squared Capital and both funds now have a total commitment of $100 million from ATRS.

The $21.2 billion US public pension has a 1.6 percent current allocation to infrastructure and tends to target global vehicles pursuing unlisted equity strategies.

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