The New Mexico State Investment Council (SIC) has introduced several new infrastructure commitments and approved more than $1 billion of investments in funds managed by I Squared Capital, InfraVia Capital Partners, GI Partners and Tallvine Partners.
According to its Aug. 26 meeting minutes, the New Mexico SIC discussed allocating a total of $450 million to the ISQ Global Infrastructure Fund IV and a co-investment sidecar, €300 million ($351 million) to the InfraVia European Fund VI, up to $150 million to GI Data Infrastructure Fund II, and $125 million to the Tallvine Middle Market Infrastructure Fund I. During its Sept. 23 meeting, New Mexico SIC confirmed the investments all were approved with no opposing votes.
The sovereign wealth fund also proposed a $350 million investment in Partners Group Direct Infrastructure Fund IV and up to $150 million in a co-invest
