Institution: New Mexico Educational Retirement Board
Headquarters: Santa Fe, United States
Allocation to alternatives: 41.40%
New Mexico Educational Retirement Board has announced a commitment of $25 million for Stonepeak Infrastructure Credit Separate Account and a commitment of $80 million for Five Point Energy III – with $30 million coming from its allocation for private equity and a $50 million commitment from its natural resources allocation.
The $12.50 billion US public pension has a 41.4 percent current allocation to alternative investments. As illustrated in the charts below, the pension has made four commitments to infrastructure funds so far in 2019, totaling $225 million.
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