Asset Owner Directory

New Mexico State Investment Council

The New Mexico State Investment Council (SIC) manages New Mexico’s permanent endowment, including the Land Grant and Severance Tax Permanent Funds, as well as investments for 23 other governmental clients.

Country

United States

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$50

Performance (%, 1YR)

7.07

Chief Executive

Jon Clark

Chief Investment Officer

Robert ‘Vince’ Smith

Chair

Michelle Lujan Grisham

Asset allocation

17.04% US Equity

14.37% Non-US Equity

16.98% Core FI

10.41% Non-core FI

7.45% Real Return

8.72% Real Estate

9.56% Private Equity

15.49% Cash Equivalent

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of June 30, 2023. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Investor Profile

How abundant inflows have put New Mexico’s SIC in a bind

New Mexico's oil fund is 10 per cent overweight cash and bonds relative to target in a reflection of the challenges CIO Vince Smith faces putting money to work. Equities are over valued and allocating to private markets takes time but volatility during the November election could be an opportunity.

Sarah RundellJuly 11, 2024

Featured Story

Private equity’s shorter investment period causes headaches

Institutional investors are seeing their investment period with some private equity managers shorten. The time the GP invests in a company until the time they exit is reducing, meaning that investors are getting more cash coming back than forecast in their pacing models.

Sarah RundellDecember 16, 2021

Asset Allocation

New Mexico fund readies for trouble

A reduced and reworked equities allocation, a buildup of income-producing assets and a commitment to readily available cash are all part of NMSIC CIO Robert Smith’s protection plan.

Sarah RundellSeptember 21, 2017

Editorial

Back to the future: investors concerns in 2008 resonate today

This issue marks the 400th edition of conexust1f.flywheelstaging.com, which looks at the strategies and views of the world’s largest asset owners. So what were the concerns and opportunities of investors six years ago, and what are they now? Since its launch in 2008, the journalists at conexust1f.flywheelstaging.com have written more than 2,000 stories on […]

Amanda WhiteMay 16, 2014

Investor Profile

Much to learn from New Mexico ERB’s alternative investments play

The New Mexico Educational Retirement Board’s aggressive move into alternatives has not been without hurdles. Chief investment officer, Bob Jacksha, spoke to Amanda White about the plan’s alternatives strategy, the bumps along the road and his expectations of the sector. Two years ago the $6.6 billion New Mexico Educational Retirement Board started looking for a […]

Amanda WhiteApril 14, 2009

Uncategorised posts

Pension funds fooled by Madoff

Pension fund exposure to Bernard Madoff's alleged Ponzi scheme has raised questions about the governance of so-called professional investors.

STAFF WRITERJanuary 7, 2009

Asset Owner Directory

Fund Name	Country	AUM ($B)	Articles	More Info
California State Teachers Retirement System (CalSTRS)	United States	$347	126	View Info
University of California, Office of the Regents (UCOP)	United States	$180	1	View Info
Maryland State Retirement	United States	$68	20	View Info