NMSIC approves $100m commitment

The US sovereign wealth fund has backed an open-ended infrastructure fund.

Institution: New Mexico State Investment Council
Headquarters: Santa Fe, US
$33.28 billion
Allocation to alternatives: 18.28%

New Mexico State Investment Council has approved a commitment of $100 million to KKR Diversified Core Infrastructure Fund, a contact at the sovereign wealth fund informed Infrastructure Investor.

The $33.28 billion US sovereign wealth fund has an 18.28 percent allocation to alternative investments.

As illustrated below, the majority of the institution’s recent infrastructure commitments have been to funds focused on diversified sectors in multi-regions and North America.

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