New Mexico SIC approves $125m commitment

The sovereign wealth fund has backed a multi-regional focused fund.

Institution: New Mexico State Investment Council
Headquarters: Santa Fe, United States
AUM: $26.85bn
Allocation to alternatives: 21.13%
Bitesize: $100-200m

New Mexico State Investment Council has announced a commitment of $125 million to Brookfield Infrastructure Debt Fund II, a contact at the pension informed Infrastructure Investor.

The $26.85 billion sovereign wealth fund has a 21.13 percent allocation to alternative investments, of which 1.70 percent is dedicated to infrastructure investments.

As illustrated below, NMSIC’s five most recent infrastructure commitments have been to three unlisted equity vehicles and two debt vehicles, the majority of which have had a diversified sector focus.

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