MainePERS confirms $75m commitment

The US public pension has backed EQT's latest infrastructure offering.

Institution: Maine Public Employees Retirement System
Headquarters: Augusta, US
AUM: $15.3 billion
Allocation to alternatives: 45.8%

Maine Public Employees Retirement System approved a $75 million commitment to EQT Infrastructure Fund V at its November 2020 board meeting, a contact at the pension informed Infrastructure Investor.

EQT’s latest iteration of its flagship infrastructure series launched in June 2020 and is targeting €12.5 billion in equity capital.

MainePERS has a 10 percent target allocation to infrastructure that currently stands at 10.4 percent.

As illustrated below, the $15.3 billion US public pension’s infrastructure fund commitments tend to target global unlisted equity vehicles.

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