ADFA

The Arkansas Institutional Fund

AIF's team invests in proven, professionally managed private equity and venture capital funds that commit to include Arkansas in aggressive and visible deal prospecting.

It is AIF's intention to catalyze the formation of risk capital from early stage seed capital through later stage capital and special situations. Over time, AIF is committing approximately $70 million to private equity and venture capital funds that provide early stage capital, traditional venture capital, later stage and expansion capital, and special situations capital.

AIF is a fund of funds venture capital investment program designed to produce a surplus, the lion’s share of which goes to the state. AIF is authorized by the Arkansas Development Finance Authority (ADFA). The equity interest in AIF is held by the Arkansas Venture Capital Investment Trust.