New Mexico Public Employees Retirement Association, Santa Fe, committed $75 million to large-cap buyout fund Hellman & Friedman Capital Partners XI, according to a staff report.
Hellman & Friedman's latest fund focuses on the five sectors: technology, health care, consumer services and retail, financial services, information content and business services.
The $16.2 billion pension fund has committed to previous Hellman & Friedman funds, including a $50 million commitment to Hellman & Friedman Capital Partners X in 2021.