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NMERB commits $25m to infrastructure

by Jody Barhanovich

The $11.7 billion New Mexico Educational Retirement Board committed $25 million to a separate infrastructure account managed by Stonepeak Infrastructure Partners. The separate account will acquire discounted infrastructure debt.

New Mexico has previously invested in two prior Stonepeak infrastructure funds, including $50 million to Stonepeak Infrastructure Fund II and $40 million to Stonepeak Infrastructure Fund.

 

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