New Mexico PERA CIO explains market concerns, long-term strategy to participants
In
a detailed letter, Michael Shackelford explains long-term strategic
asset allocation
NMSIC
Surplus cash and risk appetite push NMSIC to make $1bn commitments
Max
commitments within private equity as the system has slowing interest in VC opposed
to special situations
New Mexico SIC focusses on Private Equity with $800m in commitments
The
$54.2bn pension plan recently committed to its PE, PC and RA sleeves