State Investment Council sends out $927M for investments
2 Dec 2024
News
New Mexico’s most recent round of outgoing commitments for investments neared $1 billion.
The New Mexico State Investment Council met on Tuesday and doled out more than $927 million in commitments in private equity, real assets, real estate and private debt.
Oaktree Capital Management and FPA Multifamily received the largest commitments, both getting up to $200 million.
Oaktree is a U.S.-based global investment manager with more than $205 billion in assets under management. It invests primarily in four areas: aging infrastructure, energy efficiency, renewable energy and electric load growth, according to the SIC.
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