New Mexico SIC is also planning to invest up to $300m in infrastructure and energy. : New Mexico State Investment Council (SIC) is planning to invest up to $300m (€265m) in real estate over the next 12 months as it looks to increase its exposure to non-core and European assets. New Mexico SIC, which manages a $23bn permanent endowment, currently has 40% of its real estate portfolio in core investments and hopes to raise this to 45%, according to a board meeting report.