Institution: Maine Public Employees Retirement System
Headquarters: Augusta, US
AUM: $16.6 billion
Allocation to alternatives: 46.1%
Maine Public Employees Retirement System approved €170 million-worth of commitments to a pair of infrastructure funds at its March board meeting, a contact at the pension informed Infrastructure Investor.
The $16.6 billion US public pension has a 10 percent target allocation to infrastructure which currently stands at 10.3 percent.
As illustrated below, MainePERS’ recent fund commitments have predominantly targeted North American or European vehicles focused on investments in a variety of infrastructure sectors.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.