The Maine Public Employees’ Retirement System has committed $175 million across two alternative funds.
New Investments
$50 million was allocated to private equity fund, GTCR Fund XIV. In addition, $125 million was allocated to SLR Private Corporate Lending Fund II, a private credit fund managed by SLR Capital Partners.
The commitments were approved at the November 10 board meeting.
Consultant Hires
The board also approved hiring Albourne as private markets consultant with a focus on infrastructure, natural resources, and real estate. Cliffwater was also hired for private markets consulting services with a focus on alternative credit and private equity.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!
