MainePERS approves $100m commitment

The US public pension has backed a North America-focused fund.

Maine Public Employees Retirement System has approved a commitment of $100 million to AG Direct Lending Fund III.

The $14 billion US public pension has a 5 percent target allocation to private debt that currently stands at 1.8 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.

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