New Mexico SIC approves $100m commitment

The sovereign wealth fund has re-upped with an existing manager.

Institution: New Mexico State Investment Council
Headquarters: Santa Fe, US
AUM: $26.63 billion
Allocation to alternatives: 18.33%

New Mexico State Investment Council has approved a $100 million commitment to Macquarie Infrastructure Partners V, a contact at the sovereign wealth fund informed Infrastructure Investor.

This commitment is a re-up with one of New Mexico SIC’s existing manager, Macquarie Asset Management. The sovereign wealth fund has previously committed to Macquarie Infrastructure Partners IV and Macquarie Asia Infrastructure Fund II (MAIF II).

As illustrated below, New Mexico SIC’s recent infrastructure commitments have targeted global vehicles across various sectors. The sovereign wealth fund’s chief investment officer is Robert Smith.

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