New Mexico SIC approves $200m commitment

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

Institution: New Mexico State Investment Council
Headquarters: Santa Fe, United States
AUM: $24.15bn
Allocation to alternatives: 22.93%
Bitesize: $100-200m

New Mexico State Investment Council announced a commitment of $200 million to GIP Spectrum Fund.

As illustrated in the charts below, the $24.15 billion US sovereign wealth fund has a 22.93 percent allocation to alternative investments of which 1.73 percent is infrastructure. Recently, a total of $300 million was committed by New Mexico SIC in the first quarter of 2019 to infrastructure.

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