Institution: Maine Public Employees Retirement System
Headquarters: Augusta, United States
Allocation to alternatives: 44.50%
Maine Public Employees Retirement System has agreed to commit $50 million to Silver Point Specialty Credit Fund II, a contact at the pension informed Private Debt Investor.
The $14.90 billion US public pension has a 5.0 percent target allocation to private debt which currently stands at 3.30 percent.
As illustrated below, MainePERS has made three commitments to private debt funds with a 2019 vintage, which combined constitute $225 million.
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