Fort Washington To Manage PE

Cincinatti-based Fort Washington Group Capital Partners has been tapped to take manage New Mexico State Investment Council’s direct investment program, the Albuquerque Journal reported.

Fort Washington will manage a $30 million fund, called New Mexico Co-Investment Partners LP, over three years.

One or two officers from the State Investment Council will serve on the fund’s advisory board.

Since the direct investment program began a year ago, New Mexico has committed about $32 million to four companies.