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- New Mexico’s sovereign wealth fund at $58 billion | Business . . .
The state Legislature created this fund in 1973 as a way to invest severance taxes not used that year for capital projects The Severance Tax Permanent Fund saves New Mexicans money on taxes and government services, according to the SIC
- About the SIC - New Mexico State Investment Council
The New Mexico State Investment Council (SIC) is a Sovereign Wealth Fund (SWF) that manages the investments for New Mexico’s four permanent funds: the Land Grant Permanent Fund, the Severance Tax Permanent Fund, the Tobacco Settlement Permanent Fund, and the Water Trust Fund
- New Mexico State Investment Council (NMSIC) - Sovereign . . .
NMSIC: Sovereign Wealth Fund in United States, North America State of New Mexico State Investment Council (NMSIC) is a Sovereign Wealth Fund located in Santa Fe, NM United States, North America, and was founded in 1958
- New Mexicos $58 billion fund sparks debate on spending vs . . .
Carter Swanson is affiliated with New Mexico’s Rio Grande Foundation, an organization promoting limited government and economic freedom principles New Mexico's approach to managing its finances is under scrutiny as the state accumulates a significant amount of money in permanent funds
- How abundant inflows have put New Mexico’s SIC in a bind
New Mexico State Investment Council (SIC) the $54 billion sovereign wealth fund, has so much money pouring in from tax and royalty collections on oil and natural gas production in the state that CIO Vince Smith is struggling to put the money to work
- New Mexico State Investment Council Profile: Commitments . . .
New Mexico State Investment Council is a sovereign wealth fund based in Santa Fe, New Mexico Established in 1957, the purpose of the fund is to manage the state's permanent funds for the citizens of New Mexico to maximize distributions to the state's operating budget while preserving the real value of the funds for future generations of New
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