| The New Mexico State Investment Council (NM SIC) is updating its long-term strategy for its private equity portfolio. One major change includes committing around $350 to $450 million per year to private equity until 2016.
In addition, like other public investors, the long-term strategy includes larger commitments to a smaller pool of managers, thus limiting relationships to fewer than 50 and less than 100 funds. Another big change is a shift in geographic strategy to increase allocation to emerging markets and Asia which now represents 3% of the private equity portfolio...............................................Full Article: Source
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