The $36.7 billion New Mexico State Investment Council (New Mexico SIC) approved six allocations across private equity, real return and credit strategies totaling $560 million.
Four funds were chosen within private equity strategies across buyout and venture capital strategies with the assistance of Mercer. Funds added were: Cure Ventures Fund I ($35 million); Bain Capital Asia Fund V ($50 million); and the flagship strategy, Waterland Private Equity Fund IX, plus the follow-on strategy Waterland Partnership Fund I CV ($75 million combined).
Boston-based Cure Ventures was launched last year by Richard Lim, David . . .
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