Maine Public Employees Retirement System (PERS) is planning a $300m (€261.6m) commitment to Brookfield Asset Management’s open-ended infrastructure fund.
Maine PERS, which held a $2.3bn infrastructure portfolio at the end of last year, disclosed in a meeting document that it intends to place the capital into the Brookfield Super-Core Infrastructure Partners fund, subject to final negotiations.
The proposed allocation follows the pension fund’s previous infrastructure commitments with Brookfield, which included $100m commitments to Brookfield Infrastructure Fund II in 2013 and Fund III in 2016. To date, these vehicles have produced interim net returns of 10.3% and 11.9% respectively.
Maine PERS has also previously backed Brookfield’s infrastructure debt strategies.
Brookfield reported in its first-quarter 2026 earnings that the super-core fund had $16.4bn in assets and a 10% gross internal rate of return.
To read the latest IPE Real Assets magazine click here.
