Maine Public Employees’ Retirement System is preparing to reduce its private equity allocation to 10%, as part of a broader effort to improve liquidity and reassess performance across its portfolio, according to a report by Buyouts Insider.
At a board meeting held on 12 March, the pension provider outlined plans to gradually lower its exposure to the asset class from its current 12.5% target, following an earlier decision to adopt the reduced allocation. The move marks the fund’s second downward...
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