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$70M worth of SIC investments go to pair of California venture firms, with focus on NM's aerospace sector

On Tuesday, New Mexico’s State Investment Council approved commitments to a pair of venture capital funds, both managed by firms headquartered in California, worth a total of $70 million. The governmental body, which oversees billions in funds for New Mexico, also committed $75 million to a life science-focused venture fund managed by a Boston-based investment firm.
Source: The Business Journal

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