New Mexico Educational Retirement Board
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Sign up to see your fitFund commitments · as a limited partner · 131
as of Jun 2025Private-fund positions this organization discloses in its own public filings and reports — $5.9B committed, $3.7B reported NAV. Returns are this LP's own position, net of fees.
| Fund | Manager | Vintage | Committed | NAV | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|---|---|
| NMERB Sierra Blanca Fund, L.P. | NMERB Sierra Blanca | 2020 | $180M | $132.1M | 3.0% | 1.09x | 0.09x |
| Banner Ridge DSCO Fund II, L.P. | Banner Ridge Partners | 2022 | $150M | $51.5M | 67.4% | 1.81x | 0.00x |
| Banner Ridge Secondary Fund III (TE), L.P. | Banner Ridge Partners | 2019 | $100M | $44M | 27.0% | 1.73x | 1.17x |
| Banner Ridge Secondary Fund IV (T), L.P. | Banner Ridge Partners | 2021 | $100M | $70.3M | 27.7% | 1.74x | 0.75x |
| BR/ERB Co-Investment Fund I, L.P. | BR Capital | 2009 | $100M | — | 15.6% | 1.71x | 1.71x |
| BR/ERB Co-Investment Fund II, L.P. | BR Capital | 2013 | $100M | $55.3M | 13.3% | 2.02x | 1.46x |
| BR/ERB Co-Investment Fund II, L.P. 2017 Serie | BR Capital | 2017 | $100M | $158.9M | 17.4% | 2.09x | 0.75x |
| BR/ERB Tactical Opportunities - Sandia Series, L.P. | BR Capital | 2021 | $100M | $84.5M | 6.9% | 1.19x | 0.00x |
| BR/ERB Tactical Opportunities, L.P. | BR Capital | 2014 | $100M | $70.3M | 20.6% | 2.86x | 2.01x |
| TPG Growth Fund III, L.P. | TPG | 2002 | $100M | $51M | 15.4% | 1.59x | 1.18x |
| TPG Growth IV LP | TPG | 2018 | $100M | $78.5M | 14.1% | 1.69x | 0.97x |
| TTCP NMERB SMA II, L.P. | TTCP NMERB SMA | 2021 | $100M | $71.5M | -0.1% | 1.00x | 0.00x |
| TTCP NMERB SMA, L.P. | TTCP NMERB SMA | 2017 | $100M | $139.9M | 14.8% | 1.97x | 0.56x |
| Banner Ridge DSCO Fund I, L.P. | Banner Ridge Partners | 2020 | $80M | $36.4M | 27.2% | 1.61x | 0.48x |
| Banner Ridge Secondary Fund V (TE), L.P. | Banner Ridge Partners | 2023 | $75M | $60.4M | 84.4% | 1.75x | 0.02x |
| TPG Growth Fund II, L.P. | TPG | 2003 | $75M | $32.1M | 15.8% | 2.13x | 1.77x |
| AE Industrial Partners Extended Value Fund, L.P. | AE Industrial Partners | 2021 | $70M | $16.1M | 0.2% | 1.01x | 0.78x |
| B Capital Global Growth III, L.P. | B Capital | 2022 | $70M | $62.9M | 5.2% | 1.12x | 0.04x |
| AE Industrial Partners Fund II, L.P. | AE Industrial Partners | 2018 | $60M | $86.5M | 26.5% | 2.20x | 0.86x |
| AE Industrial Partners Fund III, L.P. | AE Industrial Partners | 2023 | $60M | $40.7M | 29.6% | 1.49x | 0.09x |
| Edison Partners X, L.P. | Edison Partners | 2021 | $60M | $65.3M | 19.6% | 1.47x | 0.19x |
| EIG Energy XVI, L.P. | EIG Global Energy Partners | 2013 | $60M | $23.3M | 2.8% | 1.15x | 0.74x |
| Lightyear Fund V, L.P. | Lightyear | 2021 | $60M | $78.6M | 16.8% | 1.54x | 0.16x |
| Raine Partners IV, L.P. | Raine | 2022 | $60M | $34.3M | 8.3% | 1.11x | 0.00x |
| Tenex Capital Partners III | Tenex Capital Management | 2021 | $60M | $66.6M | 57.2% | 1.64x | 0.62x |
| TPG Growth V LP | TPG | 2021 | $60M | $74.4M | 13.4% | 1.34x | 0.38x |
| Lion Capital Fund II | Lion Capital | 2007 | $53.9M | — | -7.9% | 0.68x | 0.68x |
| ZMC II Extended Value Fund, L.P. | Zmc | 2021 | $52.3M | $65.8M | 9.2% | 1.38x | 0.00x |
| AE Industrial Partners Fund I, L.P. | AE Industrial Partners | 2015 | $50M | $16.3M | 8.4% | 1.36x | 1.08x |
| Apollo Investment Fund VIII | Apollo | 2013 | $50M | $13.1M | 8.2% | 1.39x | 1.17x |
| Ares Corporate Opportunities VI, L.P. | Ares | 2020 | $50M | $58.4M | 15.7% | 1.42x | 0.38x |
| Bain Capital Fund XIII, L.P. | Bain Capital | 2020 | $50M | $45.1M | 6.8% | 1.13x | 0.16x |
| Edison Partners IX, L.P. | Edison Partners | 2018 | $50M | $88.9M | 13.7% | 1.95x | 0.11x |
| Industry Ventures Secondary IX, L.P. | Industry Ventures | 2020 | $50M | $53.7M | 9.1% | 1.28x | 0.13x |
| Industry Ventures Secondary X, L.P. | Industry Ventures | 2024 | $50M | $32.9M | 73.6% | 1.64x | 0.00x |
| Leeds Equity Partners VII, L.P. | Leeds | 2021 | $50M | $54.4M | 9.5% | 1.20x | 0.00x |
| Levine Leichtman Capital Partners IV, L.P. | Levine Leichtman | 2008 | $50M | $2.6M | 17.5% | 1.58x | 1.53x |
| Lightyear Fund IV, L.P. | Lightyear | 2016 | $50M | $43.6M | 18.3% | 2.19x | 1.38x |
| Olea Special Opportunities Offshore Fund I, L.P. | Olea Capital Partners | 2019 | $50M | — | 7.3% | 1.19x | 1.19x |
| Pine Brook Capital Partners II | Pine Brook | 2012 | $50M | $31.1M | 6.8% | 1.46x | 0.99x |
| Riverside Strategic Capital Fund I, L.P. | The Riverside Company | 2016 | $50M | $50M | 6.9% | 1.29x | 0.61x |
| SG/NMERB Secondary Fund I, L.P. | Sg Iv | 2015 | $50M | — | 44.7% | 1.31x | 1.31x |
| SV7 Growth Fund, L.P. | SV7 | 2021 | $50M | $40.3M | 2.2% | 1.05x | 0.00x |
| Tenex Capital Partners II | Tenex Capital Management | 2016 | $50M | $37M | 22.2% | 2.14x | 1.52x |
| Tenex Capital Partners IV | Tenex Capital Management | 2024 | $50M | $3.1M | — | 0.63x | 0.00x |
| TTCP Growth SMA I | TTCP | 2022 | $50M | $4.1M | -34.2% | 0.71x | 0.00x |
| Z Capital Credit Tactical Co-Invest Fund-A, L.P. | — | 2016 | $50M | $21.3M | -6.3% | 0.72x | 0.37x |
| Z Capital Credit Tactical Fund, L.P. | — | 2016 | $50M | $40.6M | 0.1% | 1.00x | 0.29x |
| Z Capital Partners III, L.P. | — | 2017 | $50M | $103M | 18.1% | 1.95x | 0.59x |
| Z Capital Special Situations Fund II, L.P. | — | 2013 | $49M | $56.1M | 3.5% | 1.14x | 0.48x |
| Marlin Equity V, L.P. | Marlin Equity Partners | 2017 | $48M | $65M | 16.5% | 1.73x | 0.46x |
| Industry Ventures Fund VI, L.P. | Industry Ventures | 2011 | $45M | $176.2K | 8.0% | 1.37x | 1.36x |
| Industry Ventures Secondary VII, L.P. | Industry Ventures | 2013 | $45M | $7.8M | 16.0% | 1.97x | 1.78x |
| Industry Ventures Secondary VIII, L.P. | Industry Ventures | 2016 | $45M | $24.4M | 22.1% | 1.96x | 1.36x |
| Lexington Capital Partners VII LP | Lexington Partners | 2009 | $45M | $895.9K | 13.5% | 1.51x | 1.50x |
| ZMC III, L.P. | Zmc | 2020 | $45M | $32.7M | -9.5% | 0.74x | 0.00x |
| Arctos Sports Partners Fund I, L.P. | Arctos | 2021 | $40M | $54.7M | 19.6% | 1.55x | 0.07x |
| Ares Corporate Opportunities Fund IV | Ares | 2012 | $40M | $5.7M | 14.0% | 1.80x | 1.78x |
| Ares Corporate Opportunities Fund V LP | Ares | 2017 | $40M | $34.8M | 5.9% | 1.31x | 0.50x |
| Ares Special Situations Fund IV, L.P. | Ares | 2015 | $40M | $25.7M | 7.9% | 1.55x | 0.94x |
| B Capital Opportunities Fund I, L.P. | B Capital | 2020 | $40M | $48.8M | 8.1% | 1.32x | 0.03x |
| Bain Capital Fund XI | Bain Capital | 2014 | $40M | $13.9M | 19.6% | 1.87x | 1.58x |
| Bain Capital Fund XII, L.P. | Bain Capital | 2017 | $40M | $39.5M | 19.0% | 1.85x | 1.10x |
| Battery Ventures XIV, L.P. | Battery Ventures | 2022 | $40M | $20.9M | 2.4% | 1.03x | 0.00x |
| BDCM Opportunity Fund III | Black Diamond Capital Management | 2009 | $40M | $54.7M | 11.3% | 2.30x | 1.23x |
| BVP Forge Institutional A, L.P. | Bessemer Venture Partners | 2023 | $40M | $26.3M | 16.7% | 1.29x | 0.00x |
| Clayton Dubilier & Rice VIII, L.P. | Clayton Dubilier & Rice | 2007 | $40M | $79.9K | 26.2% | 2.43x | 2.43x |
| Edison Partners XI, L.P. | Edison Partners | 2024 | $40M | $1M | — | 2.55x | 0.00x |
| Edison Venture Fund VIII, L.P. | Edison Partners | 2015 | $40M | $18.2M | 16.7% | 2.08x | 1.63x |
| EIG Energy XV, L.P. | EIG Global Energy Partners | 2010 | $40M | $777.9K | 1.1% | 1.05x | 1.03x |
| Leeds Equity Partners VIII, L.P. | Leeds | 2024 | $40M | $3.8M | -18.6% | 0.81x | 0.00x |
| Lexington Capital Partners VIII LP | Lexington Partners | 2015 | $40M | $17.4M | 14.1% | 1.65x | 1.18x |
| Lightyear Fund III, L.P. | Lightyear | 2011 | $40M | $853.2K | 23.4% | 2.24x | 2.22x |
| Lightyear Fund VI, L.P | Lightyear | 2024 | $40M | — | 0.0% | 0.00x | 0.00x |
| LSRC II S.a r.l. | LSRC | 2010 | $40M | — | 19.8% | 1.32x | 1.32x |
| Prysm Capital Fund I, L.P. | Prysm Capital | 2021 | $40M | $44.8M | 4.5% | 1.13x | 0.12x |
| Raine Partners III | Raine | 2018 | $40M | $42.6M | 1.2% | 1.05x | 0.06x |
| SV Biotech Crossover Opportunities Fund LP | SV Biotech Crossover | 2024 | $40M | $16.2M | 83.8% | 1.99x | 1.21x |
| VSS Structured Capital II, L.P. | Veronis Suhler Stevenson | 2008 | $40M | $195.8K | 25.9% | 1.94x | 1.94x |
| W Capital Partners III LP | W Capital Partners | 2012 | $40M | $9.2M | 4.5% | 1.18x | 0.96x |
| ZMC II, L.P. | Zmc | 2014 | $40M | $103.1K | 34.5% | 3.07x | 3.06x |
| Apollo Investment Fund VII LP | Apollo | 2008 | $35.7M | — | 22.6% | 1.69x | 1.69x |
| SV Life Sciences Fund VI, L.P. | SV Life Sciences | 2015 | $35M | $13.1M | 14.0% | 1.58x | 1.22x |
| Ares Distressed Securities Fund, L.P. | Ares | 2008 | $30M | — | 13.7% | 1.75x | 1.75x |
| Ares Special Situations Fund III, L.P. | Ares | 2011 | $30M | — | 1.6% | 1.06x | 1.06x |
| B Capital Fund II, L.P. | Boyu Capital | 2019 | $30M | $34.1M | 3.6% | 1.15x | 0.10x |
| BCP Fund II, L.P. | BCP | 2018 | $30M | $49.4M | 22.6% | 1.81x | 0.37x |
| Edison Venture Fund VII, L.P. | Edison Partners | 2010 | $30M | — | 11.6% | 1.73x | 1.73x |
| Five Point Energy Fund III, L.P. | Five Point Energy | 2020 | $30M | $98.1M | 73.7% | 4.20x | 0.38x |
| Five Point Water Management and Sustainable Infrastructure Fund IV LP | Five Point Energy | 2023 | $30M | $12.9M | 37.2% | 1.43x | 0.48x |
| Industry Ventures Partnership Holdings III | Industry Ventures | 2014 | $30M | $33.2M | 19.9% | 3.06x | 1.87x |
| Industry Ventures Partnership Holdings IV | Industry Ventures | 2015 | $30M | $42.5M | 14.2% | 2.14x | 0.59x |
| Industry Ventures Partnership Holdings VI | Industry Ventures | 2021 | $30M | $23M | 7.6% | 1.18x | 0.05x |
| Industry Ventures Partnership Holdings VII | Industry Ventures | 2024 | $30M | $3.6M | 41.3% | 1.20x | 0.00x |
| Marlin Equity IV | Marlin Equity Partners | 2013 | $30M | $8.4M | 3.4% | 1.17x | 0.91x |
| OrbiMed Private Investments IX, LP | OrbiMed | 2022 | $30M | $14.8M | 24.9% | 1.30x | 0.15x |
| Platinum Equity Capital Partners II LP | Platinum | 2007 | $30M | $753.9K | 13.0% | 1.45x | 1.43x |
| SV Health Investors Growth Fund VII b | SV Health Investors | 2024 | $30M | — | 0.0% | 0.00x | 0.00x |
| Tenex Capital Partners, L.P. | Tenex Capital Management | 2011 | $30M | $1.2M | 14.6% | 1.54x | 1.51x |
| Siguler Guff Secondary Opportunities Fund, L.P. | Siguler Guff | 2015 | $30M | — | 32.8% | 1.23x | 1.23x |
Largest 100 of 131 disclosed positions. Source: NM ERB Private Equity Report - Q2-2025-NMERB-Private-Equity-Report. TVPI = total value / paid-in; DPI = distributions / paid-in.