The $17.5 billion Arkansas Teachers Retirement System (ATRS) is planning to commit $50 million to infrastructure in 2020 as part of a new investment pacing plan, a real assets consultant report has revealed.
As part of the $330 million pacing plan, the Little Rock-based pension fund also plans to commit $180 million to value-add real estate and $100 million to opportunistic real estate next year.
In October, ATRS approved a $50 million commitment to AxInfra NA II, an open-end infrastructure fund managed by Montreal-based Axium, according to an ATRS board meeting document disclosing the commitment.
The fund, which specializes in energy and transportation assets in the United States and Canada, typically seeks to invest in mid-sized assets that require equity investments of $15 million to
