Arkansas Teachers commits $30m to real estate fund
Arkansas Teacher Retirement System has committed $30 million to Lone Star Real Estate Fund IV, confirms Jerry Meyer, real and alternative asset investment manager for the $14.6 million pension fund.
The investment decision was made at the retirement system’s April 6 board meeting. Lone Star Real Estate Fund IV launched earlier this year with a $5 billion equity fundraising target.
Other investors in the fund include Rhode Island State Investment Commission, which committed $30 million, and Teachers&r