New Mexico Pension Posts Highest Returns in 36 Years | Chief Investment Officer
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New Mexico Educational assigns $330 million to alternatives
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New Mexico Educational assigns $105 million to alternatives
AE Industrial Partners Extended Value Fund, said Bob Jacksha, CIO of the $14.2 billion pension fund.
The private equity fund focuses on aerospace and related industries.
The board also made a total of $35 million in follow-on commitments to private equity funds in which the pension fund is already invested. The board committed an additional $15 million to SV Health Growth Fund VII, a specialist health-care fund managed by SV Health Investors. The board had previously committed $35 million to the fund.
Pension officials also committed another $10 million each to B Capital Opportunities Fund I, a venture capital fund managed by B Capital Group; and Tenex Capital Partners III, a private equity fund managed by Tenex Capital Management. The board s previous commitment to the B Capital fund was $30 million and to the Tenex fund, $50 million.
New Hampshire taps New Mexico fund chief as new executive director
She will join the pension fund April 1, spokesman Marty Karlon said in an email.
Ms. Goodwin replaces
George P. Lagos, who has been executive director of NHRS since February 2012. He will retire on March 1.
Tim Crutchfield, deputy executive director, will serve as interim executive director for the month of March.
Ms. Goodwin is currently executive director of the $14.2 billion New Mexico Educational Retirement Board, Santa Fe. Ms. Goodwin and Bob Jacksha, NMERB chief investment officer, could not be immediately reached for further information.
Executive search firm EFL Associates assisted.