New Mexico SIC ’18 PE lagged pacing target as it struggled to access preferred funds

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 State Investment Council committed less than half its pacing target for 2018 private equity as it carefully selected opportunities and missed out on some of its preferred choices because of a sharply competitive fundraising environment. SIC committed $285 ...

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