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New Mexico PERA adds $20m to Asia multi-strategy fund

May 04, 2010  

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New Mexico Public Employees Retirement Association is understood to have allocated $20 million to the LIM Asia Multi-Strategy Fund.

The $11 billion retirement system has been actively building its single manager portfolio, which totals more than $500 million. PERA's long-term alternative asset mix includes a 5%...

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