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NMERB commits $100m to Kildare European fund

by Jody Barhanovich

The $11.7 billion New Mexico Educational Retirement Board has committed an additional $100 million to Kildare European Partners II, according to CIO Bob Jacksha in an email.The pension fund committed $40 million to the fund in May.  The fund, managed by Kildare Partners and launched earlier this year, is seeking to raise $2 billion. The fund invests in distressed real estate debt in Germany, the Netherlands, Portugal, Italy and the United Kingdom. Other recent investors in the fund include the Texas Permanent School Fund. NMERB previously

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