Arkansas Teacher Retirement System (ARTS) expects to make $575m (€506.8m) worth of real assets investments next year, according to the pension fund’s meeting document.
In 2022, the pension fund expects to invest $250m each into core and value-add/opportunistic real estate and has a plan to place $75m into infrastructure.
The real estate investment plan during the period includes increasing the pension fund’s allocation to property types such as apartments and industrial and to reduce allocation to COVID-19 impacted property types such as retail and office.
As part of the plan for non-core real estate investment include increasing the pension fund’s exposure to blind pooled funds.
ARTS disclosed in the meeting document that it has approved a $50m commitment to Landmark Real Estate Partners IX, a US value-add and opportunistic fund seeking to raise $3.5bn to make secondary investments in various types of real estate and real estate related entities.
To read the digital edition of the latest IPE Real Assets magazine click here.
