NMERB approves $50m commitment

The US public pension has backed a North America focused infrastructure fund.

Institution: New Mexico Educational Retirement Board
Headquarters: Santa Fe, United States
AUM: $12.5bn
Allocation to alternatives: 41.4%
Bitesize: $50-100m

New Mexico Educational Retirement Board announced a commitment of $50 million to Bluescape Energy Recapitalization & Restructuring Fund IV.

As illustrated in the charts below, the $12.5 billion US public pension has a 41.4 percent allocation to alternative investments. This is NMERB’s first commitment for 2019 to infrastructure.

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