Investors

New Mexico SIC commits $175m

The US endowment committed $175 million to private equity

By
PEI Staff
-

New Mexico State Investment Council has committed $75 million to New Mountain Partners V and $50 million each to TPG Growth IV and TPG The Rise Fund.

The $22 billion US endowment has a 9.3 percent current allocation to private equity.

Platinum subscribers may click here for the endowment’s full profile, including key contacts, allocation strategy and fund investments.