Friday, 29 May 2015
Last updated 6 hours ago
May 14 2007 | 10:57am ET
The $11 billion Public Employees Retirement Association of New Mexico’s investment committee has recommended an $85 million allocation to a set of hedge funds and a private equity fund.
According to minutes from the committee’s May 8 meeting, a $32 million allocation was recommended to York Capital Management Share Class C and $25 million to Glenview Institutional Partners. Both mandates are being funded from the system’s fixed-income portfolio.
In addition, the committee recommended a $30 million allocation made to Carlyle Partners V, a p.e. partnership focused on large buyouts, which will be funded from the system’s equities portfolio.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…