---
title: New Mexico Educational Retirement Commits $100M to PIMCO Fund; Increases Real Assets Target
description: New Mexico Educational Retirement Commits $100M to PIMCO Fund; Increases Real Assets Target.
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/albany-Nov-02-2021-02-19-45-07-AM.jpg
---

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

**

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

# New Mexico Educational Retirement Commits $100M to PIMCO Fund; Increases Real Assets Target

**Written by: ** Koncheng Moua, Director of Data Management and Strategy 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/albany-Nov-02-2021-02-19-45-07-AM.jpg)

The New Mexico Educational Retirement Board has made a $100 million commitment to the PIMCO Corporate Opportunities Fund IV.

The commitment was disclosed in meeting minutes from the December board meeting.

Also approved at the meeting were changes to the investment policy. Staff approved updates to the asset allocation targets which will decrease the equities target to 45% from 46 %, increase the fixed income target to 32% from 31%, increase the real assets target to 20% from 17%, and decrease the multi-assets target to 2% from 5%.

NEPC assisted with the Asset-Liability study.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!*

**

 Tags: [Credit](https://dakotafunds.com/dakota-funds/tag/credit), [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Consultants](https://dakotafunds.com/dakota-funds/tag/consultants), [Real Assets](https://dakotafunds.com/dakota-funds/tag/real-assets)

### Recent Posts

[EP Wealth Acquires Wacker Wealth Partners](https://dakotafunds.com/dakota-funds/fundraising-news/ep-wealth-acquires-wacker-wealth-partners)   
April 04, 2024

[JTP Capital Seeking Fundraising and CRM Database Management Assistant](https://dakotafunds.com/dakota-funds/fundraising-news/jtp-capital-seeking-fundraising-and-crm-database-management-assistant)   
April 04, 2024

[$700M Merrill FAs Depart to Sanctuary](https://dakotafunds.com/dakota-funds/fundraising-news/700m-merrill-fas-depart-to-sanctuary)   
April 03, 2024

[Greenbacker Capital Seeking Internal Sales Representative](https://dakotafunds.com/dakota-funds/fundraising-news/greenbacker-capital-seeking-internal-sales-representative)   
April 03, 2024

[NY Common Commits $550M to Venture Capital, Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/ny-common-commits-550m-to-venture-capital-real-estate)   
April 03, 2024

## Related Blogs

<https://dakotafunds.com/dakota-funds/fundraising-news/alaska-retirement-commits-100m-to-private-credit-recommended-three-equities-mandates>

March 16, 2023

#### Alaska Retirement Commits $100M to Private Credit; Recommended Three Equities Mandates

 Alaska Retirement Management Board has disclosed a $100 million commitment to Ares Pathfinder Core...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/alaska-retirement-commits-100m-to-private-credit-recommended-three-equities-mandates)

<https://dakotafunds.com/dakota-funds/fundraising-news/new-mexico-pera-allocates-100m-to-infrastructure-terminates-reit-fund>

December 15, 2022

#### New Mexico PERA Allocates €100M to Infrastructure; Terminates REIT Fund

 The New Mexico Public Employees’ Retirement System has completed a €100 million commitment to Antin...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/new-mexico-pera-allocates-100m-to-infrastructure-terminates-reit-fund)

<https://dakotafunds.com/dakota-funds/fundraising-news/texas-county-commits-100m-to-direct-lending-fund>

November 04, 2022

#### Texas County Commits $100M to Direct Lending Fund

 The Texas County & District Retirement System has made a $100 million commitment to the Pathlight...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/texas-county-commits-100m-to-direct-lending-fund)

![footerLogo](https://dakotafunds.com/hubfs/footerLogo.svg)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Koncheng Moua, Director of Data Management and Strategy",
    "url" : "https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy"
  },
  "dateModified" : "2024-04-04T23:32:11.740Z",
  "datePublished" : "2023-01-30T05:00:00.000Z",
  "headline" : "New Mexico Educational Retirement Commits $100M to PIMCO Fund; Increases Real Assets Target",
  "image" : [ "https://dakotafunds.com/hubfs/Imported_Blog_Media/albany-Nov-02-2021-02-19-45-07-AM.jpg" ],
  "mainEntityOfPage" : {
    "@id" : "https://dakotafunds.com/dakota-funds/fundraising-news/new-mexico-educational-retirement-commits-100m-to-pimco-fund-increases-real-assets-target",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject"
    },
    "name" : "Dakota Funds Group"
  }
}
```