New Mexico State Investment Council

Manages New Mexico's $21.5 Billion permanent endowment

Government | Northern America | Income/Productivity Growth

 

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• http://www.sic.state.nm.us/

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

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Impact Reports & Metrics

• Executive Summary Performance Review

Private Equity Performance Report 2016 Q4

Offices