Arkansas Teacher Retirement System, Little Rock, agreed to commit $30 million to Revelstoke Capital Partners Fund III, confirmed Rod Graves, deputy director of the $21 billion pension fund, in an email.
The board committed to the buyout fund that invests small- and lower-middle-market health-care services companies at its June 23 meeting.
Separately, the retirement system recently posted a preliminary estimated return of 30% for the fiscal year ended June 30.
