New Mexico ERB Commits to $50M to Private Equity

Tags: Pension Funds, Alternative Insights, Private Equity

The New Mexico Educational Retirement Board has committed $50 million to Industry Ventures Secondary Fund X.

Industry Ventures focuses on secondary opportunities in venture growth.

As of March 31, 2023, the $15.6 billion Retirement Board has an actual and target allocation to private equity of 22.3% and 17% respectively.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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