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.


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