NMERB appoints Stonepeak to make infra debt investments

The US pension system selects separate account manager to invest in infrastructure.

The New Mexico Educational Retirement Board (NMERB) chooses Stonepeak Infrastructure Partners as the separate account manager to handle its $25 million infrastructure debt investment.

The account will target renewable energy, water, communication and transportation, with deal size ranging from $5 million to $15 million.

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