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Arkansas Teachers assigns $30 million to buyout fund

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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.