New Mexico State Investment Council related stories
All articles and analysis
New Mexico SIC commits $75m to KPSThe $16.6bn system plans to commit around $450m to private equity in 2013.
- New Mexico bounces back from pay-to-play
The pay-to-play scandal forced the New Mexico State Investment Council to undertake a dramatic overhaul of its investment and governance policies.
- Nordic Capital holds €1.7bn first close
Nordic Capital is past the half-way mark on its revised €3bn target for Fund VIII.
- Louisiana Teachers’ backs KPS for $75m
The Teachers’ Retirement System of Louisiana is the latest institutional investor to back KPS’ Special Situations Fund IV. The predecessor vehicle had generated a 19.3% net IRR as of 30 June.
- Privately Speaking: New Mexico State Investment Council
Only a few short years after it was torn apart by a pay-to-play scandal, the New Mexico State Investment Council has re-established itself as one of the most important limited partners in the industry, delivering top quartile returns. Sam Sutton meets state investment officer Steven Moise and deputy Vince Smith to find out how they turned things around
- Alterna targets $600m for Fund II
The firm, which invests in hard assets like ships, locomotives and power plants, has already raised about $300m from existing investors.
- New Mexico SIC re-ups $100m with EIG
The $16.5bn system plans to commit around $450m to private equity in 2013.
- Nordic extends fundraising for six months
The Swedish firm, which is bound by its limited partnership agreement to wrap up fundraising within a year of an ‘initial close’, needed more time to get to the €3bn target of its latest investment vehicle.
- Ares collects $3.2bn for first close
The firm is raising its fourth flagship fund with a $4.7bn hard-cap to target distressed investments and buyouts.
- Sankaty Advisors launches fifth fund
Bain Capital’s credit affiliate picked up a pair of commitments for Fund V last week, targeting $3.5bn for investments in the US and Europe.