Institution: New Mexico State Investment Council
Headquarters: Santa Fe, US
AUM: $28.44 billion
Allocation to alternatives: 19.15%
New Mexico State Investment Council has approved commitments of $60 million to Berkshire Multifamily Debt Fund III and $40 million to Berkshire Bridge Loan Investors II, a contact at the sovereign wealth fund informed Private Equity International.
The $28.44 billion US sovereign wealth fund has a 19.15% allocation to alternatives.
As illustrated below, a majority of NMSIC’s recent commitments have been to funds focused on senior debt and subordinated/mezzanine debt.
Platinum subscribers may click here for the sovereign wealth fund’s full profile, including key contacts, allocation strategy and fund investments.