New Mexico taps real estate, private equity funds

The $36 billion New Mexico State Investment Council (NM SIC) selected two managers at its November meeting.

The Berkshire Bridge Loan Investors II-A fund was approved for a $50 million commitment within the real estate portfolio. This is a closed-end, co-investment vehicle that will invest alongside Berkshire Bridge Loan Investors II, which is a fund focused on continuing Berkshire’s multifamily direct lending strategy. In February, officials allocated $40 million to Berkshire Bridge Loan Investors II. The aim of this fund is to invest in first mortgages, whole loans and target a low teens . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.

Get started

Back to top button

Start Your Days in the Know


Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!