Arkansas Teacher Retirement System weighs $50m commitment to Lone Star Real Estate Fund VII

The Arkansas Teacher Retirement System (ATRS) is considering a follow-on investment of $50 million in Lone Star Real Estate Fund VII, according to a recent investment document.

Lone Star Real Estate Fund VII is a closed-end, global opportunistic fund managed by Lone Star. The vehicle will invest in distressed and opportunistic commercial real estate debt and equity assets. The vehicle launched in February and has a fundraising target of $6 billion, according to the IREI.Q database.

ATRS previously invested in Lone Star Real Estate Fund IV in 2015.