Maine Public Employees Retirement System (PERS) has approved a €55m commitment to an infrastructure fund managed by Meridiam.
The pension fund disclosed in a board meeting document that it has committed the capital to MIE Core Infrastructure Fund, but declined a request for further details about the fund.
Meridiam also declined a request for comment.
Global manager Meridiam is an active investor in diverse infrastructure, including energy transition, roads and wind power.
Maine PERS has a long-term relationship with Meridiam, having previously committed a total of $207.5m to its Infrastructure Europe II, III and IV funds.
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