Institution: Maine Public Employees Retirement System
Headquarters: Augusta, United States
Allocation to alternatives: 50.90%
Maine Public Employees Retirement System confirmed a $45 million commitment to Summit Partners Venture Capital Fund V at its May 2020 board meeting, a contact confirmed to Private Equity International.
The $14.70 billion US public pension has a 15.0 percent target allocation to private equity that currently stands at 17.80 percent.
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