| The New Mexico State Investment Council is to allocate $300m-400m (€320.9m) to real estate funds next year. Vince Smith, deputy investment officer for New Mexico, said most of the capital will be placed in a non-core strategy.
“I think that we are pretty set with our core manager lineup,” Smith said. New Mexico will focus on offshore strategies to complement its US-based portfolio, with additional capital allocated to investments Europe...............................................Full Article: Source
|