New Mexico Adds $85M To Private Equity, Hedge Funds

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.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note