MainePERS invests in private markets, mulls alts consultant search
The $18.7 billion Maine Public Employees Retirement System (MainePERS) at its April board meeting approved $190 million in private markets commitments to three new funds, CIO James Bennet confirmed.
Separately, he noted that his staff is now reviewing alternative asset class consultants, for which he expects to make a recommendation by July on whether to conduct a search.
At the most recent trustee meeting, the board approved a commitment of up to $45 million to Advent International GPE X, and a commitment of up to $45 million to Water Street Healthcare Partners V . . .
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