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NM SIC commits $100m to MIP IV

The US endowment administrator backs Macquarie's fund.

The New Mexico State Investment Council (NM SIC) proposes a $100 million commitment to Macquarie Group’s Infrastructure Partners IV.

The commitment is pending final approval in the board meeting on 25 April.

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