New Mexico council earmarks $340 million for 4 alts funds
Print
New Mexico State Investment Council, Santa Fe, committed a total of $340 million to four alternative investment funds, said Charles Wollmann, spokesman for the $33 billion endowments, in an email.
The council at its Tuesday meeting committed $100 million each to Carlyle Realty Partners IX, an opportunistic real estate fund managed by
The Carlyle Group; PIMCO BRAVO IV, a special situations fund managed by
Pacific Investment Management Co.; and Strategic Value Special Situations Fund V, a distressed fund managed by
Strategic Value Partners.
The council also committed $40 million to ICONIQ Strategic Partners VI, a technology growth equity fund managed by
Gallegos previously worked as chief investment officer for the New York City Comptroller's office, as well as deputy state investment officer for New Mexico State Investment Council.
IPI Partners raises $3.8 billion with a second infrastructure fund Thursday, April 15, 2021
Laxman Pai, Opalesque Asia:
Global investment platform IPI Partners has wrapped up its second flagship private equity fund after securing $3.8 billion from investors, with plans to target data centers and other connectivity-related investments, the firm said.
A press release from the joint venture of ICONIQ Capital and Iron Point Partners pointed out that the fund acquires, develops, leases, and operates data centers.
With the closing of IPI II, IPI has raised more than $5.25 billion in total equity capital commitments since its inception, it said. IPI s second fund attracted demand well over its target, reflecting strong support from a global institutional investor base.
IPI Partners raises $3.8 billion with second infrastructure fund
Getty Images/iStockphoto
IPI Partners, a joint venture of ICONIQ Capital and Iron Point Partners, held a final close of its second infrastructure fund, IPI Partners II, at $3.8 billion, a spokeswoman confirmed.
The fund acquires, develops, leases and operates data centers.
Investors in the fund include the $40 billion Connecticut Retirement Plans & Trust Funds, Hartford; the $24 billion Louisiana Teachers Retirement System, Baton Rouge; the $9.5 billion Rhode Island Employees Retirement System, Providence; and the $27.4 billion New Mexico State Investment Council, Santa Fe; and the $1.4 billion University of Alabama System, Tuscaloosa, Ala.
Related Articles
.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... ....
Homegrown Albuquerque firm Aspen Avionics has joined forces with the AIRO Group, a recently formed aerospace conglomerate that’s seeking to go public on a U.S. stock exchange.
Aspen, a venture capital-backed firm that launched in 2004, merged last fall with the AIRO Group, which now unites nine diverse companies that are pooling their individual strengths in commercial and military markets for unmanned operating systems and aircraft.
The AIRO Group, in turn, announced in March that it’s exploring options for a public listing through a special purpose acquisition company, or SPAC, potentially putting AIRO Group members on a joint fast track to begin publicly selling stock as a single entity with a diverse array of operations.