Searches and Hires

Arkansas Public Employees readies 2 real estate value-added commitments

Arkansas Public Employees Retirement System, Little Rock, expects to make commitments to two real estate value-added strategies this year, said Carlos Borromeo, chief investment officer for the $8.3 billion pension fund, in an email.

The pension plan will make commitments to strategies from TA Realty and Heitman. The size of the commitments have not yet been determined.

In addition, the pension fund returned a gross 16.86% for the year ended Dec. 31, and 4.2% for the quarter ended Dec. 31, Mr. Borromeo said.

The largest contributors to the annual return were international equities at 27.27% and domestic equities at 20.34%.