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NMSIC approves $82.5m in commitments

The US public pension has backed North America and Western Europe-focused funds.

New Mexico State Investment Council has committed $75 million to TDR Capital IV and up to $7.5 million to Kickstart Seed Fund IV.

The $21 billion US public pension has a 12 percent target allocation to private equity that currently stands at 9 percent.

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