The New Mexico State Investment Council disclosed seven recent commitments to alternatives totaling $570 million, according to minutes from the September investment council meeting.
Within private equity, $50 million was committed to Arctos Keystone Partners Fund I, $50 million to TCG Labs Fund I, and $20 million to At One Ventures II.
In real estate, $100 million was committed to IPI Partners III, $100 million to Alterra IOS Venture III and $100 million to KKR Real Estate Partners IV. Lastly, in real assets, $150 million was committed to Copenhagen Infrastructure V.
Additionally, the $47 billion SIC hired Alliance Bernstein for their Short Duration High Yield Search.
Investment consultants, Townsend, Mercer, and RVK assisted with the investments.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you afree trialof Dakota Marketplace!