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June 21, 2013 01:00 AM

New Mexico Educational selects DRI Capital

Arleen Jacobius
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    New Mexico Educational Retirement Board, Santa Fe, committed $30 million to DRI Capital's third fund, Drug Royalty Fund III, said Bob Jacksha, chief investment officer of the $10.2 billion pension fund.

    The commitment was made as part of the board's ongoing private equity investment program, Mr. Jacksha said in an e-mail.

    The board previously committed $40 million to DRI Capital's second fund.

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