State permanent funds
New Mexico State Investment Council
Manages New Mexico's Land Grant Permanent Fund and Severance Tax Permanent Fund, both seeded by oil and gas revenues, with distributions supporting public education and government services.
Type
State permanent funds
Funding
Commodity (oil & gas)
Established
1958
Assets
USD ~55 billion (NM SIC, FY2024)
Based in
Santa Fe, NM, US
Region
North America
Investment focus
Public equity, Fixed income, Private equity, Real assets, Real return
Sector interests
Diversified
Style
Long-term, Multi-asset, External
Public profile
Medium
Sources
Focus, sectors and style are compiled from public sources and industry listings, not confirmed with the fund.
Visit sic.state.nm.usOpens the fund’s own site in a new tab.
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