Institution: Maine Public Employees Retirement System
Headquarters: Augusta, US
AUM: $18.2 billion
Allocation to alternatives: 39.2%
Maine Public Employees Retirement System has confirmed $90 million-worth of commitments across two private equity funds, a contact at the pension confirmed to Private Equity International.
MainePERS has a 15 percent target allocation to private equity that currently stands at 20.3 percent.
As illustrated below, the $18.8 billion US public pension’s previous private equity commitments have targeted US-focused buyout and corporate equity funds.
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