New Mexico Educational Retirement Board reups with EIG Global amid $285m alternative assets commitments

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The $12.6bn-managing New Mexico Educational Retirement Board has reported picked four asset managers for $285m of new commitments.

EIG Global Energy Partners has received a $100m commitment towards its 17th flagship fund, which is currently out targeting up to $7bn.

P&I reported the commitments news, citing NMERB CIO Bob Jacksha.

It said the LP had also commited up to $100m to ILS Capital Management’s reinsurance fund 1609 Fund, a new relationship for the pension fund.

Raith Capital Partners picked up $50m towards its second real estate fund, while BP Energy Partners received a $35m commitment towards its BP Natural Gas Opportunity Partners vehicle, the report added.

Raith was out looking to raise up to $225m for its debut fund in 2014, and had collected at least $75m by December that year, AltAssets reported at the time.

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