Domestic Private Equity Programs, New Mexico Increases Allocation
Key stakeholders at sovereign wealth funds and public funds slowly push the mandate of domestic strategic investing to stimulate local development. This is not a new concept, and usually gains traction when unemployment is high.
There are obstacles in implementing such a domestic private equity investment program.
Two significant hurdles include proper return measurement mechanisms and the size of the state, region, or country. Socioeconomic return measurement is subjective in nature compared to measuring pure financial returns.[Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view site content.]