DFX Intelligence

Allocator Intelligence

Arkansas Teacher Retirement Plan

State retirement systemteachers· Arkansas

State retirement system, based in Arkansas, reporting $24B in assets, for 139,217 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$24B
Private allocation
40.0%
Fund commitments
128
Managers
33
Contact decision makersView relationships
More
Ask DFX about this allocatorInvestment staff
Open searchesPlans backing its top managerSimilar plans, same strategyCommitments (128)Allocation policyConsultants
As of · the latest dated event for this allocator; each figure carries its own filing or report date

What may matter next

A pattern DFX replayed against history, using only what was known on each date, points at this record. The rate belongs to the pattern, not to this entity; what already happened is below.

Allocators · Re-upWindow to Sep 2027

Arkansas Teacher Retirement Plan

Emerging

Watch for: commits to the successor fund by Sep 2027.

What DFX sees in the record
  • DerivedArkansas Teacher Retirement Plan holds a fund and the manager's next fund in that series, a fund, is open (unknown).
  • DerivedNo commitment to the new fund appears on the plan's filings yet.
Why it matters

This allocator committed to the prior fund of a series that now has a successor fund. Existing LPs are the first calls in any raise, so this is the re-up list for the GP, and for a competing GP it shows whose capital may be in play.

Who this is for

GPs raising a successor fund, placement agents, and competing GPs in the same strategy.

Can you reach them

Decision maker identified; no contact route on file yet.

Read with care: the rate belongs to the pattern, not to this one; it is not a forecast.

How the pattern measured, and every other entity on it: re-up prospects.

What matters now

  1. 1
    re-up prospects

    1 re-up prospect was flagged in the last twelve months: a manager it backed raising a successor fund.

    Managers it already backs are raising again; a re-up decision is coming.

    Inferencea successor fund observed for a manager the plan backsRe-up prospects →

1 more adviser, 30 more managers, 125 more commitments and 130 more dated events

Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

People to know

View all people
  • Mark White
    Executive Director
    Why: Executive director: runs the plan or the office
    No route on file yet
  • Rod Graves
    Deputy Director, Investments
    Why: The record names them as a decision maker
    No route on file yet

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
Arkansas Teacher Retirement Plan
Funds committed to
All 60
Managers
All 33

Relationship network

167 connected entities128 observed commitments6 repeat counterparties$6.9B disclosed commitments (128 commitments)7 dated commitments shown here, 2025

From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Fund or vehicle
  • Service provider
  • Person
›How strength and recency are read

Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

Size, funding, policy and commitments, with their basesState retirement systemShow
State retirement system
Assets
$24B
Fiduciary net position, Jun 30, 2025 reported
Funded
not on record
not filed
Private markets target
40.0%
policy Jun 30, 2025
Commitments
128
14 managers on Schedule C

Allocation policy

ACFR, as of Jun 30, 2025
Asset class (as printed)BucketTargetRangeActualGapBasis
Cash EquivalentsCash0.0%0% to 5%reported artrs.gov
Fixed IncomeFixed income20.0%17% to 23%reported artrs.gov
Opportunistic/AlternativesHedge / diversifiers5.0%reported artrs.gov
InfrastructureInfrastructure4.0%reported artrs.gov
AgricultureNatural resources1.0%reported artrs.gov
Private EquityPrivate equity12.0%reported artrs.gov
Real AssetsReal assets15.0%reported artrs.gov
Real EstateReal estate8.0%reported artrs.gov

Consultants and advisers

4 firms

+1 more consultant or adviser advise this allocator

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Decision makers

who to call first about an allocation, and why; then everyone else by function
  • Mark White · Executive Director
    Why this person: Executive director: runs the plan or the office
  • Rod Graves · Deputy Director, Investments
    Why this person: The record names them as a decision maker; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

People

2 roles
  • Rod Graves Deputy Director, InvestmentsDeputy CIO
  • Mark White Executive DirectorExecutive director / CEO

Manager roster

33 managers on the commitment tape
From the plan’s own commitment disclosures

+30 more managers received commitments

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What changed

135 events
  • Sep 30, 2026re up prospect resolvedreport dateinference
    Re-up prospect for ISQ Global Infrastructure Fund IV, L.P.: condition no longer holds; not judged
    with I Squared Capital Advisors (US) LLC
  • Sep 24, 2026re up prospect resolvedreport dateinference
    Re-up prospect for Macquarie Infrastructure Partners VII, L.P.: condition no longer holds; not judged
    with Macquarie Infrastructure Partners
  • Sep 23, 2026Re-up prospectreport dateinference
    Arkansas Teacher Retirement Plan holds Macquarie Infrastructure Partners V, L.P. ($50M); the manager is raising: Macquarie Infrastructure Partners VII, L.P. (fundraising, seen 2026-09-23); no commitment to it on the graph; 1 fund(s) of the series between them not held either
    with Macquarie Infrastructure Partners
  • Dec 31, 2025Commitment disclosedreport date
    Arkansas Teacher Retirement Plan reports DLJ Investment II *: $80M committed (as of 2025-12-31)
    artrs.gov
  • Dec 31, 2025Commitment disclosedreport date
    Arkansas Teacher Retirement Plan reports NGP IX *: $50M committed (as of 2025-12-31)
    artrs.gov

+130 more dated events

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

128 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2025CSFB‐ATRS 2006‐1 Seriesunresolvedn/a$404M2006Disclosed holdingartrs.gov
as of Dec 31, 2025ATRS‐FP PEunresolvedn/a$264MDisclosed holdingartrs.gov
as of Dec 31, 2025CSFB‐ATRS 2005‐1 SeriesunresolvedHedge / diversifiers$250M2005Disclosed holdingartrs.gov

+125 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Size and funding

48 readings
Total assets
$22B Jun 30, 2024 derived Census ASPP
$21B (2023-06) · $20B (2022-06)
Fiduciary net position
$24B Jun 30, 2025 reported ACFR
$22B (2024-06) · $21B (2023-06)
Long-term investments
$22B Jun 30, 2024 reported Census ASPP
$20B (2023-06) · $19B (2022-06)
Discount rate
7.25% Jun 30, 2024 reported Census ASPP
7.25% (2023-06) · 7.25% (2022-06)
Participants
139,217 Jun 30, 2024 derived Census ASPP
136,443 (2023-06) · 133,059 (2022-06)
Active members
68,265 Jun 30, 2024 derived Census ASPP
67,897 (2023-06) · 67,426 (2022-06)
Beneficiaries
56,177 Jun 30, 2024 reported Census ASPP
53,233 (2023-06) · 52,520 (2022-06)
Benefits paid
$1.5B Jun 30, 2024 reported Census ASPP
$1.4B (2023-06) · $1.4B (2022-06)
Investment expense
$57.6M Jun 30, 2024 reported Census ASPP
$45.3M (2023-06) · $51.9M (2022-06)

Provenance

Identifiers: Census PID6 226197
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 30, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.

Not yet on record: funded ratio.

Capital chain

Arkansas Teacher Retirement Plan sits on 95 traced paths of capital across the graphs.

Allocator to PE fund to manager to company

DFX traced 95 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Record history

135 dated events on the change ledger, latest event first
  • Re up prospect resolved
    2026-09-30
  • Re up prospect resolved
    2026-09-24
  • Re up prospect
    2026-09-23

+132 more changes on this record's ledger

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+78 connections on the graph

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.