MainePERS commits to agribusiness fund

Maine Public Employees' Retirement System, Augusta, committed up to $50 million to Tillridge Global Agribusiness Fund II, said Andrew Sawyer, chief investment officer, in an e-mail.

It is the $12.5 billion pension fund's first commitment to a natural resources fund managed by Tillridge Global Agribusiness Partners. Tillridge, formerly NGP Global Agribusiness Partners, is an affiliate of NGP Energy Capital Management.

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