Institution: Maine Public Employees Retirement System
Headquarters: Augusta, United States
AUM: $14.50bn
Allocation to alternatives: 42.50%
Bitesize: $10-50m
Maine Public Employees Retirement System (MainePERS) has agreed to commit €50 million to EQT Real Estate II, a contact at the pension informed PERE.
The $14.50 billion US public pension has a 10.0 percent target allocation to real estate that currently stands at 8.20 percent.
As illustrated in the charts below, MainePERS has made seven commitments to real estate funds with a 2018 or 2019 vintage totalling $291 million.
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