Institution: Maine Public Employees Retirement System
Headquarters: Augusta, United States
Allocation to alternatives: 44.50%
Maine Public Employees Retirement System has agreed to commit $50 million to Silver Point Specialty Credit Fund II, a contact at the pension informed Private Equity International.
The $14.90 billion US public pension has a 15.0 percent target allocation to private equity which currently stands at 15.10 percent.
As illustrated below, MainePERS has made four commitments to private equity funds with a 2019 vintage, which combined constitute $185 million.
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