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Access here alternative investment news about New Mexico Sic To Increase Non-core And European Real Estate Exposure | News | Ipe Ra
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New Mexico Sic To Increase Non-core And European Real Estate Exposure | News | Ipe Ra

by realassets.ipe.com posted 2weeks ago 9 views
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.