Gregg Gethard
A new state law now allows the $26.2bn system to allocate up to 25% of its total fund to alternatives.
The manager specializes in lower mid-market media and communication companies.
PE stands to benefit as the system may do away with emerging markets equities.
Why doesn’t anyone want to buy private companies even though they’re doing so well?
The new 'collaborative strategies portfolio' gives the system more capital to commit to private funds.
The manager is out with its latest flagship fund of funds and adjoining co-investment fund.
The system’s private markets chief sees opportunities as lengthier fundraising timelines continue.
New Mexico's surging energy industry gives the state’s second-largest permanent fund more money – and challenges.
The manager will not collect carried interest for this fund.
LPs have shown interest in diversifying via industry-focused funds.