Arkansas Public Employees Retirement System, Little Rock, committed $75 million to TA Realty Value-Add Fund XIII.
The $11.3 billion pension fund's board approved the commitment to the value-added real estate fund at its meeting Wednesday, a spokeswoman said in an email.
APERS previously committed $75 million to TA Realty Value-Add Fund XII in 2018.
As of March 31, the pension fund's actual allocation to real assets was 13.3%; the target is 16%.
Investment consultant Callan assisted.
