Maine Commits $225M to Private Credit & Infrastructure

The Maine Public Employees’ Retirement System has committed $225 million across two funds, according to July 14 board meeting minutes.

$125 million was committed to AG Direct Lending Fund V.

Infrastructure fund, Stonepeak Core Fund was given a $100 million commitment.

As of June 30, 2022, the actual and target allocations to alternative credit were 6.8% and 10% respectively. The actual and target allocation to infrastructure was 10.1% and 10% respectively.

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