Arkansas Teacher Retirement System (ATRS)

About this data

Holdings as this LP reports them, fund by fund. Amounts are its commitment to each fund. Fund performance it reports is on each firm’s page. As of June 30, 2026. Source: ATRS Private Equity Portfolio Review: Investment Performance by Vintage Year. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.

"Net IRR" as printed in the table "Investment Performance by Vintage Year" of the Private Equity Portfolio Review that ATRS's private equity consultant presents each quarter, published in the ATRS Board of Trustees meeting packet. The review defines Net IRR as the annualized, compound rate of return using daily draws, distributions and remaining value as of the report date, net of fees and expenses, and says elsewhere that performance is net of the portfolio funds' management fees, expenses and carried interest but gross of fees and expenses paid to the consultant. 21 investments have no IRR (the review prints "NMF" for the newest vintages and "N/A" where none can be computed), shown as blank. Dollar amounts are whole US dollars as reported (committed, contributed and distributed capital; commitments in a foreign currency are converted at the report date), and the vintage year is the year the review lists the investment under. Total value = distributed capital + remaining value, TVPI = total value / contributed capital and DPI = distributed / contributed are computed; the review prints TVPI to one decimal and each computed TVPI agrees with it. All 176 investments in the table are included under the names the review uses (mostly short forms such as "Thoma Bravo XV"), 26 of them marked fully liquidated; they add up to the review's Total Portfolio row ($7,451,422,869 committed, 10.9% net IRR). ATRS holds more than funds in this portfolio: besides buyout, growth equity, venture capital, turnaround and multi-strategy vehicles (including funds of funds and co-investment funds managed by its consultant), the table has 19 mezzanine, distressed debt and structured capital funds, and 25 investments the review labels Hard Assets or Infrastructure, among them energy funds and direct investments in Arkansas projects. ATRS's separate real assets portfolio is not imported.