Institution:Â Maine Public Employees Retirement System
Headquarters: Augusta, United States
AUM: $14.20bn
Allocation to alternatives: 38.50%
The Maine Public Employees Retirement System investment advisory board has agreed to commit $40 million to Blackstone Real Estate Partners Fund IX and $40 million to Westbrook Real Estate Fund XI. The real estate funds are managed by Blackstone and Westbrook Partners.
The $14.20 billion US public pension has a 10.0 percent target allocation to private equity real estate that currently stands at 7.7 percent.
As illustrated below, the pension has made two commitments to private equity real estate in 2018, which combined constitute $80.00m.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: 
