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Permanent University Fund: 31.763 August 2022 [5] 4 New Mexico: New Mexico State Investment Council Permanent Funds 31.000 December 2020 [6] Petroleum: 5 Wyoming: Wyoming Permanent/Endowment Funds 12.6: March 2017 [7] Minerals 6 North Dakota: North Dakota Legacy Fund: 8.2: November 2022 [8] Petroleum: 7 Alabama: Alabama Trust Fund: 2.5: June ...
The fund is managed by New Mexico's State Investment Council, an independent state agency which functions as a sovereign wealth fund. [6] The council is made up of certain members of the Government of New Mexico, who serve on an ex-officio basis, and public members appointed alternately by the Governor of New Mexico and New Mexico Legislature.
A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment.
But also because the state’s sovereign wealth fund, the New Mexico State Investment Council (SIC), two weeks ago agreed to invest $50 million as an anchor check for Roadrunner’s first venture ...
Apr. 15—AAround $53 billion in state assets sit with the New Mexico State Investment Council. That's over five times more than the record-breaking $10.21 billion budget the governor in March ...
Norway's $1.6 trillion Government Pension Fund Global, the largest sovereign wealth fund in the world, for instance, reported in January that it made $213 billion in profit last year driven by ...
Pages in category "Sovereign wealth funds" ... New Mexico Land Grant Permanent Fund; New Zealand Superannuation Fund; Nigeria Sovereign Investment Authority;
The term "sovereign wealth fund" was first used in 2005 by Andrew Rozanov in an article entitled, "Who holds the wealth of nations?" in the Central Banking Journal. [1] The previous edition of the journal described the shift from traditional reserve management to sovereign wealth management; subsequently the term gained widespread use as the spending power of global officialdom has rocketed ...