New Mexico ERB approves $50m commitment

The $12.3 billion US public pension has a 7.1% commitment to private real estate. 

The New Mexico Educational Retirement Board committed $50 million to Raith Fund II at yesterday’s investment committee meeting, chief investment officer Bob Jacksha confirmed in an email.

The $12.3 billion US public pension has a 7.1% commitment to private real estate.

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