MainePERS approves $190m in commitments

The US public pension has backed three North America-focused funds.

Maine Public Employees Retirement System has approved a $100 million commitment to AG Direct Lending Fund III and $45 million each to Riverside Micro-Cap Fund V and TCV X.

The $14 billion US public pension has a 15 percent target allocation to private equity that currently stands at 12.8 percent.

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