The Arkansas Teacher Retirement System (ATRS) has backed the Long Wharf Real Estate Partners Fund VI, managed by Long Wharf Capital, with a commitment of up to $50 million, according to a recent board meeting document.
Long Wharf Real Estate Partners Fund VI is a value-add real estate fund focused on acquiring a diversified portfolio of assets in the United States.
ATRS has a 12 percent allocation to real assets, which includes real estate. The pension fund has a new 15 percent long-term target to the asset class.