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MainePERS confirms $30m commitment

The US public pension has backed Three Valley Copper's third credit fund.

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Institution: Maine Public Employees Retirement System
Headquarters: Augusta, US
AUM: $18.8 billion
Allocation to alternatives: 40.8%

Maine Public Employees Retirement System approved a $30 million commitment to Sprott Private Resource Lending III, a contact at the pension informed Private Debt Investor. The commitment is subject to final due diligence by the pension fund.

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