The New Mexico State Investment Council (SIC) has approved a $100 million commitment to Macquarie Infrastructure Partners (MIP) V on behalf of its real return strategy.
Fund V opened in January and will invest in a diversified range of infrastructure assets throughout North America. These include energy, ports, telecommunications, transportation and water infrastructure assets.
In May, the fund reported its first close, collecting $3 billion in capital commitments from investors. The fund’s hard cap could not be determined at the time of publication.
