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 . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators