New Mexico Educational Retirement Board (NMERB) has committed $50 million to ArrowMark Structured Finance Fund, according to a spokesperson from NMERB.
ArrowMark Structured Finance Fund is a real estate debt fund managed by ArrowMark Partners.
NMERB is a public pension fund with more than $17 billion in total assets under management, as of June 30, 2024. As of then, the pension fund had an 8 percent real estate allocation target with $1.6 billion in total real estate assets.
