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Today: September 21, 2024
September 3, 2024
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NMSIC announces $480m in private equity investments

TLDR:

  • New Mexico State Investment Council (NMSIC) confirms $430m worth of private equity commitments in its August board meeting.
  • Investments were made to several different funds, along with a reallocation of funds.

The New Mexico State Investment Council (NMSIC) recently announced a total of $430 million in private equity commitments during its August board meeting. The investments were made to various funds, reflecting a diverse allocation strategy. Additionally, there was a reallocation of funds within the council’s private equity portfolio. This move demonstrates the council’s commitment to diversifying its investments and seeking attractive opportunities within the private equity space.

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