New Mexico SIC approves $125m commitment

The sovereign wealth fund has backed a multi-regional focused fund.

Institution: New Mexico State Investment Council
Headquarters: Santa Fe, United States
AUM: $26.85bn
Allocation to alternatives: 21.13%
Bitesize: $100-200m

New Mexico State Investment Council has announced a commitment of $125 million to Brookfield Infrastructure Debt Fund II, a contact at the pension informed Private Debt Investor.

The $26.85 billion sovereign wealth fund has a 21.13 percent allocation to alternative investments.

As illustrated below, NMSIC’s five most recent private debt commitments have been to three senior debt vehicles and two subordinated/mezzanine debt vehicles, the majority of which have had a corporate or infrastructure sector focus.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments. sector focus.