New Mexico Employees Commits $75M to Private Equity

The New Mexico Public Employees Retirement Association (PERA) has disclosed a new investment to a private equity fund, managed by Hellman & Friedman.

$75 million was committed to the buyout fund, Hellman & Friedman XI.

The investment was approved at the April 11 board meeting.

As of December 31, 2022, the pension fund was valued at approximately $16 billion.

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