New Mexico approves $100m commitment

The US public pension has backed a multi-regional focused private equity fund.

Institution: New Mexico State Investment Council
Headquarters: Santa Fe, United States
AUM: $23.25bn
Allocation to alternatives: 23.68%

New Mexico State Investment Council announced a commitment of $100 million to TA XIII, a growth fund.

As illustrated in the charts below, the $23.25 billion US public pension has an 11 percent target allocation to private equity that currently stands at 11.66 percent

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