New Mexico State Investment Council has appointed StepStone Group as private equity consultant for its $1.3 billion portfolio, Pensions & Investments reports. The general consultant of the system, NEPC, was its private equity consultant on an interim basis after Aldus Equity Partners was terminated in April 2009. The council is also seeking to select either RV Kuhns or Pension Consulting Alliance as its general investment consultant on March 22, 2011. NEPC has been invited to rebid. Both RFPs were issued by the council in December 2010.
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