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Meridiam targets €1 8bn for new Europe infrastructure fund

By Jon Peterson2021-05-18T14:33:00+01:00 Meridiam is seeking to raise €1.8bn for its latest European infrastructure fund, according to an investor’s meeting document. Sacramento County Employees’ Retirement System (SCERS) revealed it approved a €42m commitment to the Meridiam Sustainable Infrastructure Europe IV fund last month. According to fund raising sources, the fundraising by Meridiam is at its early stages. It is also understood that Maine Public Employees Retirement System has recently made an €85m commitment to the core-plus fund which targets a variety of infratsture assets. Meridiam raised €1.3bn for the predecessor Meridiam Sustainable Infrastructure Europe III fund in April 2016.

Sen Miramant introduces bill to improve Disability Retirement Program for state employees

AUGUSTA Senator Dave Miramant, D-Camden, introduced Monday a bill to fix problems in the Maine Public Employees Retirement System (MEPERS) Disability Retirement Program. The bill, LD 1644, “An Act To Improve the Disability Retirement Program of the Maine Public Employees Retirement System,” received a public hearing before the Legislature’s Labor and Housing Committee. “The problems with the MEPERS Disability Retirement Program are very concerning and systemic,” said Sen. Miramant. “This is my second time proposing legislation to improve MEPERS disability retirement. Some of the reforms we have suggested have begun to be implemented, but the work is not done. We require state employees to lose Social Security and enroll in MEPERS, yet we are letting them down when they need help. We must ensure that this never happens again and that workers are able to access the benefits they are promised.”

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