Institution: New Mexico Educational Retirement Board
Headquarters: Santa Fe, United States
Allocation to alternatives: 41.80%
New Mexico Educational Retirement Board announced a commitment of $50 million to Stonepeak Infrastructure Fund IV, a source at the pension informed Infrastructure Investor.
The US public pension has a 41.80 percent asset allocation to alternative investments.
The LP has made five commitments to funds with a 2019 vintage, which combined constitute $275 million.
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