AT
LP profile
Arkansas Teacher Retirement System
Pension fund · Founded 1937 · Little Rock, United States
107
VC firms backed
$23B
AUM
~$460M
Allocated to VC (est. 2%)
01 · Background
Who Arkansas Teacher Retirement System is.
- Historical Background
- The Arkansas Teacher Retirement System (ATRS) was established on March 17, 1937, by the Arkansas General Assembly through Act 266. Over its history, the system has undergone numerous legislative changes, with a significant consolidation and refinement of its governing laws occurring with Act 93 of 1957.
- Source of Capital
- ATRS is a public pension fund, and its capital is sourced from contributions made by active members (teachers and other public education employees), their employers (school districts), and returns on its investments. The system is the largest public retirement system within the state of Arkansas.
- Allocation Strategy
- The system's investment portfolio is diversified across multiple asset classes, including domestic and international public equity, fixed income, and real estate. ATRS also allocates a portion of its portfolio to alternative investments, which includes private equity. As of its 2023 investment policy, the long-term target allocation for private equity is set at 12.0%.
02 · Fund commitments
The funds Arkansas Teacher Retirement System backs.
Arkansas Teacher Retirement System is a limited partner in 107 funds. 17 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Accel
#4 Power Law
Lightspeed Venture Partners
#7 Power Law
New Enterprise Associates
#8 Power Law
Bessemer Venture Partners
#17 Power Law
CRV
#49 Power Law
Atlas Venture
#53 Power Law
Battery Ventures
#54 Power Law
BlackRock
#83 Power Law
OrbiMed
#98 Power Law
Canaan
#103 Power Law
Threshold Ventures
#115 Power Law
Mayfield
#134 Power Law
Antin Infrastructure Partners
Carlyle Cardinal Ireland - CCI
Cinven
DIF Capital Partners
Doughty Hanson Technology Ventures
IFM Investors
Macquarie Infrastructure and Real Asset
Siris Capital Group
03 · Allocation
How Arkansas Teacher Retirement System’s fund book is spread.
The 107 funds Arkansas Teacher Retirement System backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 9892%
- Europe 66%
- Rest of world 33%
United States 95 · Canada 3 · Australia 2 · United Kingdom 2
How established those managers are
Managers grouped by how many funds they have raised — across the 73 of 107 with a fund history on record.
Emerging funds · 24
Established funds · 49
8
1
5
2
11
3
8
4
15
5-6
8
7-9
6
10-14
12
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Arkansas Teacher Retirement System by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
CalSTRS
$311B AUM
126 VC funds backed
🇺🇸
The Boeing Company Employee Retirement Plans Master Trust
$68B AUM
40 VC funds backed
🇺🇸
Massachusetts Institute of Technology Retiree Welfare Benefit Plan
$1.0B AUM
26 VC funds backed
🇺🇸
Agilent Technologies Deferred Profit-Sharing Plan
$141M AUM
24 VC funds backed
🇺🇸
Agilent Technologies Retirement Plan
$1.8B AUM
24 VC funds backed
🇺🇸
HP Pension Plan
$5.2B AUM
23 VC funds backed
🇺🇸
Sidley Austin Master Pension Trust
$1.1B AUM
43 VC funds backed
🇺🇸
UPMC Master Trust
31 VC funds backed