New Mexico Council commits $200 million to infrastructure
The New Mexico State Investment Council has committed $100 million each to the Brookfield Infrastructure Fund II and Industry Funds Management Global Infrastructure Fund.
Brookfield Infrastructure Fund II is a $5 billion fund managed by Brookfield Asset Management. The fund invests in renewable power, transportation, utilities and energy in major markets in North and South America, Europe, and Australia and New Zealand.
The Global Infrastructure Fund is an open-end commingled fund managed by Industry Funds Management.The fund targets developed markets around the world, including Australia, Europe and the United States, and invests in core infrastructure assets. Recently, the firm stated 2012 was the strongest fundraisingyear in the region since 2009, raising infrastruct