News & Analysis

MainePERS hikes alternative credit target allocation

The US public pension is aiming to boost its exposure to the asset class.

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Institution: Maine Public Employees Retirement System
Headquarters: Augusta, US
AUM: $16.10 billion
Allocation to alternatives: 47.1%

Maine Public Employees Retirement System confirmed an increase in its target allocation to alternative credit from 5 percent to 7.5 percent at its January 2021 board meeting, a contact at the pension confirmed to Private Debt Investor.

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