Tuesday, 28 March 2017
Last updated 21 hours ago
Mar 10 2006 | 12:00am ET
The $12.5 billion New Mexico State Investment Council approved investments to three private equity funds on Wednesday at its private equity investment advisory committee.
The investments are: €30 million ($36 million) to the 4th Cinven Fund, $30 million to Catteron VI and $20 million to VSS Communications, said Charles Wollman, spokesman for the plan.
Cinven is a European buyout fund, Catterton is a consumer oriented mid-market buyout fund and VSS is a media focused buyout fund. All three investments are subject to approval by the SIC, and negotiation of final terms and conditions, Wollman said.