New Mexico Public Employees Retirement Association, Santa Fe, committed $55 million to Graham Global Investment Fund-Discretionary-6V Portfolio, and $35 million to Blackstone Real Estate Partners VII, said Julian Baca, deputy chief investment officer for the $11.7 billion fund.
The Graham Global Investment Fund commitment is coming from two different allocations within the pension fund's portfolio: $35 million for the pension fund's absolute-return portfolio and $20 million for its portable alpha portfolio.
Blackstone Real Estate Partners VII is an opportunistic global real estate fund.
