Searches and Hires

Arkansas Teachers assigns $50 million to LaSalle fund

Arkansas Teacher Retirement System, Little Rock, committed up to $50 million to LaSalle Income & Growth Fund VIII, a value-added real estate fund managed by LaSalle Investment Management, said Rod Graves, head of investments, in an email.

The $17.3 billion pension fund previously committed up to $20 million to LaSalle Income & Growth Fund VII in 2017.

As of June 30, the pension fund's actual allocation to real estate was 8.2%.

Investment consultant Aon Hewitt Investment Consulting assisted.