Arkansas Teachers assigns $105 million to 4 managers

Arkansas Teacher Retirement System, Little Rock, committed up to $105 million total to four alternatives managers, said George Hopkins, director, in an email.

In private equity, the $14.4 billion pension fund committed up to $30 million each to BVIP Fund IX, a buyout fund managed by BV Investment Partners, and One Rock Capital Partners II, a multistrategy fund specializing in lower middle-market companies in specialty manufacturing, health-care products, chemical and processing, business and environmental services, and auto retail, according to a letter from pension fund staff to its investment committee.

In real assets, the pension fund committed up to $20 million to LaSalle Income & Growth Fund VII, a value-added real estate fund that focuses on non-core assets and is managed by LaSalle Investment Management.

The pension fund has previously invested with BV and LaSalle.

The pension fund also committed an additional $25 million to Halderman Real Asset Management for opportunistic investments in farmland. ATRS’ previous commitments to Halderman totaled $100 million.