New Mexico State Investment Council related stories
All articles and analysis
New Mexico forces transparency concessionsSun Mountain Capital has agreed to new transparency requirements in response to a minor controversy surrounding its investment in Growstone through the state’s co-investment programme.
- TowerBrook targeting $3bn for latest fund
TowerBrook Capital Partners is seeking $3bn for its fourth fund more than a year after generating a 3x return on its Jimmy Choo investment.
- Asia Alternatives nears Fund III close
Recent fund presentation documents indicate the firm is close to reaching the $800m target for its third fund of funds.
- Lightyear Capital raises $613.5m for third fund
The New York-based firm apparently raised its target for the fund in February, shortly after receiving a $40m commitment from the New Mexico State Investment Council.
- New Mexico commits $40m to Sterling
New Mexico State Investment Council, which manages the state’s oil and gas endowment, has committed to Sterling Partners' latest fund, which is targeting $1.2bn.
- New Mexico SIC files ‘pay-to-play’ lawsuits
The New Mexico State Investment Council has filed state and federal lawsuits against Saul Meyer, Gary Bland, and Daniel Hevesi, among others, for steering investments to particular managers.
- New Mexico SIC to hire StepStone
The $14bn oil and gas endowment has been slowly getting back into private equity investing after a placement agent scandal left its programme in limbo.
- New Mexico SIC mulls secondaries sale
The $14.5bn state endowment wants to pare down its private equity portfolio, which contains 150 funds from 80 GPs, to a size that its small staff can better manage. No word yet on the potential size of the sale.
- New Mexico SIC seeks PE advisor
The $14.5bn state endowment has published a request for proposal for a national private equity consultant.