New Mexico Educational Retirement Board, Santa Fe, committed a total of $330 million for five new commitments and one follow-on commitment, said Bob Jacksha, CIO of the $15.7 billion pension fund.
Pension fund officials committed $100 million to Cross Ocean European Special Situations Fund IV, an opportunistic credit fund managed by Cross Ocean Partners. They also committed $50 million each to Blue Road Capital II, an agriculture fund managed by Blue Road Capital Management; Leeds Equity Partners VII, a private equity fund investing in education, training, information services, and software companies; and Realterm Europe Logistics Fund, a fund investing in high-flow-through logistics such as truck terminals, trans-shipment facilities and transfer hubs.
New Mexico ERB also committed $30 million to ZMC II Extended Value Fund, a middle-market private equity fund investing in media and communications companies managed by Zelnick Media Capital.
Pension officials also made an follow-on commitment of $50 million to Andromeda Fund III, an infrastructure co-investment fund of one managed by CBRE Caledon Capital. New Mexico ERB's previously committed $100 million to the fund.
