The New Mexico State Investment Council (SIC) has committed €200 million ($233 million) to EQT Exeter Europe Logistics Value Fund V, according to meeting materials from August 26.
EQT Exeter Europe Logistics Value Fund V, a program of EQT Real Estate, is a closed-end, value-added fund that invests in industrial, warehouse and logistics properties in Europe. The fund aims to raise €2.5 billion ($2.9 billion) in equity. The fund’s predecessor, EQT Value Fund IV, raised €2.1 billion ($2.5 billion) in total equity. The Teachers’ Retirement System of Louisiana has committed €115 million ($129.1 million) and The Los Angeles City Employees Retirement System has committed up to €43 million ($50.2 million) to this fund.
New Mexico SIC, a sovereign wealth fund, has $62.2 bil
