Institution: New Mexico State Investment Council
Headquarters: Santa Fe, US
AUM: $34.5 billion
Allocation to alternatives: 18.34%
The $34.5 billion US sovereign wealth fund has a 12 percent target allocation to private real estate that currently stands at 8.87 percent.
As illustrated below, NMSIC’s private real estate commitments have been primarily to North American vehicles employing a variety of strategies.
Platinum subscribers may click here for the sovereign wealth fund’s full profile, including key contacts, allocation strategy and fund investments.