New Mexico State Investment Council

New Mexico State Investment Council

Manages New Mexico's $21.5 Billion permanent endowment

Government | Northern America | Income/Productivity Growth

 

Overview

The SIC is a professional institutional investment firm which manages & invests NM s $21.5 billion permanent funds the 3rd largest in the U.S.Annually the permanent funds provide a significant portion of the state budget and in FY18 will distribute $899 million to the general fund & beneficiaries.On average these benefits save each NM household about $1100 in taxes every year.The value of the funds has grown by over $6.2 billion over the last 5 years while also providing nearly $4 billion to the State.As the funds grow the amounts contributed to the State budget also increase.Fund investments have earned an average of 8.9% over the past 5 years while lowering long term investment risk through significant portfolio reconstruction.These sovereign wealth funds are a source of pride to all New Mexicans

Investor Type

Legal Structure

Operating Status

Members

Government Government Operating

Portfolio

Jul, 2017

 $50M

The Rise Fund

Achieving social/environmental impact alongside competitive returns

The Rise Fund is committed to achieving social and environmental...

sector

Health Improvement
Agricultural Productivity
Access to Education

regions

United States of America

People

Bill McGlashan

Jul, 2017

 $50M

Blackrock

We promise our client insight on money

BlackRock is trusted to manage more money than any other...

sector

Access to Financial Services

regions

Global

People

Larry Fink
Gregg Crawford
Saurabh Pathak


Investors / Funders


Team


Funds


Impact

Geographies:

Social Objectives:

Environmental Objectives:


Operational Impact:


Impact Reports & Metrics

  • pdfPrivate Equity Performance Report 2016 Q4

  • Offices

    41 Plaza la Prensa
    Santa Fe New Mexico 85707
    United States of America



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    Revision History

    Last Update: Oct 03, 2017 5:59 p.m.

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