Institution: New Mexico State Investment Council
Headquarters: Santa Fe, United States
Allocation to alternatives: 22.58%
The New Mexico State Investment Council approved a commitment of $125 million to Lion Properties Fund.
As illustrated in the charts below, the $24.63 billion US sovereign wealth fund has a 12 percent target allocation to private real estate that currently stands at 9.17 percent. New Mexico State Investment Council made a total of two commitments to real estate funds in 2019, which combined constitute $200 million.
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