New Mexico SIC approves $75m commitment to Brookfield Senior Mezzanine Real Estate Finance Fund

The sovereign wealth fund has backed a North America focused fund.

New Mexico State Investment Council approved a commitment of $75 million to Brookfield Senior Mezzanine Real Estate Finance Fund, an open-ended fund.

The $24.7 billion sovereign wealth fund has a 12 percent target allocation to private real estate that currently stands at 8.4 percent.

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