
LP interview: PERA New Mexico
The Public Employees Retirement Association of New Mexico has seen its private equity portfolio outperform in recent years, but the program is still being revised. CIO Jonathan Grabel explains why
It was as recently as 2006 that the Public Employees Retirement Association of New Mexico (PERA) started making commitments to global private equity funds, with a 7% allocation to the asset class. At the...
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