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New Mexico PERA approves €65m commitment

The US public pension has backed a Western Europe-focused fund.

Public Employees Retirement Association of New Mexico has committed €65 million to Antin Infrastructure Partners III.

The $14 billion US public pension has a 5 percent target allocation to infrastructure that currently stands at 3.2 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.