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The State Investment Council oversees and manages more than $50 billion in permanent, endowment, and reserve funds for the state of New Mexico. These investments will deliver almost $1.8 billion to New Mexico in fiscal year 2024, helping to pay for New Mexico public schools, universities, and other government services. The indirect, average benefit to New Mexico taxpayers is $2,250 per household and growing. The states permanentor sovereign wealth fundsoriginate primarily from royalties and taxes from extractive industries like oil and gas production. As those industries gradually transition toward renewable resources in the coming years, declining oil revenue will be...
Sovereign wealth fund
New mexico state investment council operates in the Investment management industry.
New mexico state investment council's revenue is 11m - 100m
New mexico state investment council has 11 - 50 employees.
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