Maine Public Employees Commits Up To $220 Million

Recently released minutes from the June 9, 2022, Board Meeting show three new investments from Maine Public Employees’ Retirement System totaling up to $220 million.

The $18.6 billion pension approved a $45 million commitment to Thoma Bravo Discover Fund IV, a middle market buyout fund,

$100 million to Brookfield Infrastructure Debt Fund III, and $75 million to direct lending fund, Pathlight Capital Fund III.

As of March 31, 2022, the actual and target allocations to private equity were 20.3% and 15% respectively. The actual and target allocations to alternative credit were 6.4% and 7.5% respectively.

The Retirement System uses Cambridge for investment consulting services.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

Related Content

Apollo brightens CLO/credit portfolio with Irradiant, and more…
February 25, 2025

Rockefeller nabs $4B Bay Area team from Merrill, and more…
February 24, 2025

Ohio STRS Eyes Private Markets Expansion, GTCR Closes $3.6B Fund, and LPL Snags $900M Raymond James Team
February 21, 2025

Institutional Shifts & Private Market Moves: RSIC's $260M Commitments, Carlyle's PE Revival, and Mercer's SECORA Acquisition
February 20, 2025

Texas ERS Reshapes Consultant Lineup, CPP Expands Investments, and PAG Closes $4B Fund
February 18, 2025

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Maine Public Employees Commits Up To $220 Million

Subscribe

Related Content

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Podcasts

Events

Company