New Mexico SIC Shifts Focus to Real Assets, Targets $3B Annually

New Mexico State Investment Council Increases Focus on Real Assets Amid Economic Shifts

In a strategic move to safeguard its portfolio against global economic trends, the New Mexico State Investment Council (NMSIC) based in Santa Fe is amplifying its commitment to real assets. The council's decision is influenced by the rising wave of trade protectionism and persistent inflation, which have prompted a shift towards domestic investment opportunities.

Managed from its headquarters in Santa Fe, the sovereign wealth fund currently oversees assets worth $63.7 billion, with 12% already vested in real assets, encompassing infrastructure and natural resources. As part of its intensified investment strategy, NMSIC aims to inject $3 billion annually into this sector, with plans to maintain this trajectory over the coming year. A significant portion of these investments will target the burgeoning data centre industry, highlighting the council's strategic priority areas.

Stakeholders and interested parties can learn more about NMSIC’s allocation strategy and detailed fund investments through Platinum subscribers. For further details, click here to access the full profile.