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Jul. 1—The New Mexico State Investment Council invested $250 million in two firms in its most recent meeting. The SIC met on June 25 to go over its investment agenda, which included approving a ...
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 ...
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.
Nov. 22—A lot more high-tech innovation from New Mexico's national labs and research universities could soon head to market, thanks to a $100 million State Investment Council commitment to the ...
Secondly, SIC codes were developed for traditional industries prior to 1970. Business has changed considerably since then from manufacturing-based to mostly service-based. As a result, and thirdly the SIC has been slow to recognize new and emerging industries, such as those in the computer, software, and information technology sectors.
It is used by governments and business in Canada, Mexico, and the United States of America. It has largely replaced the older Standard Industrial Classification (SIC) system, except in some government agencies, such as the U.S. Securities and Exchange Commission (SEC).
Dec. 27—A leader of the New Mexico Economic Development Department has been tapped as the next State Investment Officer, where he will oversee nearly $50 billion in state assets. Jon Clark, who ...
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 2016 [9] Petroleum: 8 Utah: State School Fund 2.0 ...