Institution: New Mexico State Investment Council
Headquarters: Santa Fe, United States
Allocation to alternatives: 21.13%
The New Mexico State Investment Council announced a commitment of $100 million to FPA Core Plus Fund V, a contact at the pension informed PERE.
As illustrated in the charts below, the $26.85 billion US sovereign wealth fund has a 12 percent target allocation to private real estate that currently stands at 9.75 percent. New Mexico State Investment Council made a total of two commitments to real estate funds so far in 2020, which combined constitute $200 million.
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