ATRS confirms $50m commitment

The US pension has backed ISQ's latest global infrastructure offering.

Institution: Arkansas Teacher Retirement System
Headquarters: Little Rock, US
AUM: $19.46 billion
Allocation to alternatives: 24.4%

Arkansas Teacher Retirement System has confirmed a $50 million commitment to ISQ Global Infrastructure Fund III, according to materials from the pension’s February 2021 board meeting.

In January 2021, I Squared Capital‘s third flagship infrastructure fund held a first close at $9 billion. The vehicle is targeting investor commitments of $12 billion.

ATRS has a 2 percent target allocation to infrastructure which stood at 1.4 percent as of 31 December 2020.

As illustrated below, the $19.46 billion US public pension’s recent infrastructure commitments have tended to target funds pursuing investments in transport, energy and utilities.

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