Arkansas Teacher Retirement System, Little Rock, committed up to $30 million to American Industrial Partners Capital Fund VII, middle-market buyout fund that targets North America-based industrial companies, according to recent board meeting minutes from the $16.1 billion pension plan.
The plan had an 11.8% allocation to private equity as of June 30.
Clint Rhoden, executive director of the retirement system, could not be immediately reached for additional information.
