FUNDRAISING NEWS | November 08, 2022
Tags: Pension Funds, Alternative Insights, Credit
Maine Public Employees’ Retirement System has approved a $100 million commitment to Farallon Capital Institutional Partners.
This is a multi-strategy fund that invests in merger arbitrage, risk arbitrage, credit, long/short equity, and direct investments.
Additionally, the board approved exiting its separately managed account with Audax Senior Debt, according to meeting minutes from the October 13 board meeting.
As of September 2022, the $17.8 billion Retirement System allocates approximately 5.8% to risk diversifiers. The policy target is 7.5%.
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: Morgan Holycross, Marketing Manager
Morgan Holycross is a Marketing Manager at Dakota.
November 21, 2022
November 09, 2022
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2024 | Privacy Policy | California Privacy Policy