New Mexico re-ups PE commitments

The New Mexico State Investment Council approved three additional add-on private equity allocations within its $31.5 billion in assets across the state’s permanent endowment, including the Land Grant and Severance Tax Permanent Funds.  

Mercer assisted the Albuquerque-based board in making the additional $215 million across these well-known private equity firms.

TA Associates will receive a commitment of up to $100 million to its TA XIV-A offering. The commitment is New Mexico’s fourth to the TA Equity Fund series and this latest fund is slotted under the growth equity . . .

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