New Mexico State Investment Council, Santa Fe, committed $31.7 million to Apax Europe VI, $20 million to Aurora Equity Partners III and $10 million to Verge I, all private equity funds, said Charles Wollmann, public information officer. Funding came from the $11.5 billion council's New Mexico Venture funds, an internally managed venture cap program that invests in New Mexico. Fort Washington Capital Partners assisted.
Separately, the council will make a $4 million interest-free loan to Lions Gate Entertainment for its production of the film "Wild Fire." Funding came from a $90 million rotating fund, whereby the investment council receives a percentage of profits in exchange for interest-free loans for investment in productions filmed in New Mexico.