Correction: New Mexico State Investment Council

New Mexico State Investment Council adopted a private equity structure study in which it changed the suballocation to various strategies. The council increased buyouts to 60% to 80% from 50% to 70%; increased growth equity to 10%-25% from 10%-20%; reduced special situations to 5%-15% from 10%-25%; and decreased venture capital to zero-5% from zero-10%. The suballocation ranges were incorrect in a story in P&I Daily on Jan. 16.