New Mexico State Investment Council has committed a total of $100 million to Blackstone Energy Partners III, according to Charles Wollmann, director of communications, legislative and client relations.
The New Mexico State Council approved a $50 million commitment to Blackstone Energy Partners III, but also voted to approve an additional commitment of up to $50 million more to Blackstone, “based on future guidance from our CIO and staff,” said Wollmann. “That decision will require some additional consideration and analysis regarding our pacing models, so no timeline on when that might occur.”
In additional investments, New Mexico State recently committed $100 million to Blackstone Infrastructure Partners, Blackstone’s first purely dedicated infrastructure investment vehicle, according to New Mexico States’ board meeting documents. It is an open-end fund.
