New Mexico ERB backs Raine Group’s third fund

New Mexico State Investment Council, private equity, pension fund, David Lee,
Sunrise at Overlook Point near Bandelier, New Mexico. Photo courtesy Dean_Fikar/iStock/Getty Images
New Mexico Educational Retirement Board at its April meeting committed $40 million to a Raine Group growth equity fund, Bob Jacksha, the system’s chief investment officer, told Buyouts. Raine Partners III focuses on entertainment, gaming, sports, lifestyle and digital media ...

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