The New Mexico State Investment Council (SIC) has committed $200 million to Sculptor Real Estate Fund V, a vehicle of Sculptor Capital Management, as of Feb. 27, 2025.
Sculptor Real Estate Fund V is an opportunistic, closed-end fund, focused on diversified properties in Europe and the United States. A fundraising goal has not been determined. Sculptor Real Estate Fund IV, its predecessor, closed with $2.6 billion of equity fundraising.
New Mexico SIC’s commitment follows commitments from Sacramento County Employees Retirement System, Seattle City Employees’ Retirement System and Oregon Public Employees’ Retirement Fund.
New Mexico SIC had $59.4 billion in total assets under management, with a 12 percent real estate allocation