New Mexico SIC backs Platinum and Advent


New Mexico State Investment Council, pension fund, private equity, platinum equity, advent international, private equity
The Rio Grande just south of Taos, New Mexico. CampPhoto/iStock/Getty Images
New Mexico State Investment Council at its March meeting committed $175 million to funds from Platinum Equity and Advent International, documents show. The system re-upped with Platinum, pledging $75 million to Fund V, which focuses on underperforming businesses in North ...

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