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New Mexico pension fund commits $65m to energy fund

by Zoƫ Wolff

The $14.5 billion New Mexico Public Employees Retirement Association has committed $65 million to Carlyle Power Partners II, according to recent meeting documents.

The energy fund, managed by The Carlyle Group, had raised more than $839 million as of August 2015, according to a filing with the SEC.

NMPERA previously committed to a Carlyle fund, though not in this fund series; the pension fund committed $25 million to Carlyle Realty Partners VI in 2011.

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