The New Mexico State Investment Council has committed $200 million across two infrastructure funds.
$100 million was committed to Brookfield Infrastructure Fund V. The commitment will be the Investment Council’s fourth commitment to the fund series. Brookfield is seeking to raise $25 billion for the fund.
$100 million was also committed to BlackRock Global Infrastructure Fund IV. BlackRock is seeking to raise $7.5 billion for the fund.
Townsend assisted with the investment recommendations and due diligence.
Real assets make up approximately 7.0% of total plan assets as of March 31, 2022.
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