The $27 billion New Mexico State Investment Council is preparing its annual investment plan, even as the pension continues to add to its private market portfolios.
According to spokesman Charles Wollmann, the investment plan is slated for the trustees’ June meeting. Overall, the fund’s performance was difficult in the first quarter, but overall the fund is well positioned relative to many of its public fund peers, he added.
On June 11, the investment committee is considering allocations in two fixed-income funds and two private equity funds. The potential commitment amounts were not disclosed . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.