Maine Public Employees Retirement System, Augusta, made three infrastructure and real estate commitments totaling up to $150 million.
The commitments were made by the $14.2 billion pension fund's board on Dec. 13, said Andrew Sawyer, the chief investment officer, in an email.
Each commitment is subject to final due diligence, legal review and negotiations, Mr. Sawyer added.
The MainePERS board voted to commit:
• Up to $100 million to EQT Infrastructure IV, managed by EQT Partners. The pension system previously committed to another EQT infrastructure fund.
• Up to $25 million to the High Street Real Estate Fund VI, managed by High Street Equity Advisors. The pension system previously committed to two other High Street funds.
• Up to $25 million to Northbridge Strategic Senior Housing Fund II, a first-time commitment.