The $35 billion New Mexico State Investment Council has selected four additional alternatives strategies this month with a total of over $200 million in fresh capital allocations to private credit, venture and private equity strategies.
The first approved allocation was $75 million to Sixth Street Growth Partners II, a fund managed by Sixth Street, a $52 billion investment firm that already manages private credit and private equity assets for the state investment portfolio. The firm plans to raise $3.5 billion in investor commitments in the fund that seeks to provide bespoke capital solutions to high performing . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators