New Mexico SIC approves $200m in commitments

The US sovereign wealth fund has backed two private debt funds.

Institution: New Mexico State Investment Council
Headquarters: Santa Fe, United States
AUM:
 $27.44 billion
Allocation to alternatives: 22.12%

New Mexico State Investment Council has approved commitments of $100 million each to Oaktree Opportunities Fund XI and Silver Point Specialty Credit Fund II, a contact at the sovereign wealth fund informed Private Debt Investor.

The $27.44 billion US sovereign wealth fund has a 22.12 percent current allocation to alternative investments.

As illustrated below, New Mexico SIC tends to favour commitments to senior debt funds within the corporate sector.

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