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

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...