New Mexico SIC’s PE commitments fall short of pacing for 2018


New Mexico State Investment Council, Richard Pugmire, pension fund, private equity, Pavilion Alternatives Group
The Rio Grande just south of Taos, New Mexico. CampPhoto/iStock/Getty Images
New Mexico State Investment Council’s private equity portfolio increased by almost $400 million but commitments fell short of the pacing target in 2018. Contributions exceeded distributions by almost $100 million and the portfolio made gains of $300 million, said Richard ...

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