Maine PERS puts $300m GIP funds and $50m into Homestead Farmland Fund III. : Maine Public Employees Retirement System (PERS) has approved $300m (€260.5m) into vehicles managed by Global Infrastructure Partners (GIP) and Homestead Capital. According to sources, the $13.39bn pension fund is making a $150m investment into Global Infrastructure Partners IV, $100m into Global Infrastructure Partners Spectrum Fund and a $50m commitment into Homestead Farmland Fund III. The pension fund’s relationship with GIP that dates back to 2008. Its previous three commitments have totalled $300m, Maine PERS stated on its website.