Alaska Permanent Fund vs New Mexico SIC

A side-by-side comparison of Alaska Permanent Fund and New Mexico SIC across firm type, scale, strategy, and geography.

Scale comparison

Alaska Permanent Fund$61B

New Mexico SIC$70.42B

Insight

New Mexico SIC manages roughly 1.2× the assets of the other firm.

Asset-class exposure

Private Equity

Private Credit

Real Estate

Hedge Funds

Infrastructure

Other

Fixed Income

Cash

Left bar: Alaska Permanent FundRight bar: New Mexico SIC

Insight

Both firms are active in 2 shared asset classes out of 8 tracked between them.

Key observations

• New Mexico SIC is the largest by AUM at $70.42B — 1.15× Alaska Permanent Fund ($61B).
• New Mexico SIC is the most established (founded 1958), 18 years before Alaska Permanent Fund (1976).
• Alaska Permanent Fund has the broadest mandate — active across 9 asset classes vs 3 for New Mexico SIC.
• All 2 firms invest in Private Equity, Real Estate, Infrastructure.
• Alaska Permanent Fund is the only one here in Private Credit & Hedge Funds, +4 more.
• Each firm is in a different country: United States, Santa Fe, New Mexico, United States.
• Alaska Permanent Fund's network is more connected (44/100 vs 0/100), indicating broader relationship diversity.
• Overall similarity is 24%, driven by 3 shared asset classes, same AUM band.

24%Similarity score3 shared asset classes · same AUM band

	Alaska Permanent Fund	New Mexico SIC
Basics
Firm type	Sovereign Wealth Fund	Sovereign Wealth Fund
Country	United States	Santa Fe, New Mexico, United States
Founded	1976	1958
Firm age	50 yrs	68 yrs
Roles	Lp	Lp
Scale & AUM
AUM	$61B	$70.42B
Market position	Large ($20–100B)	Large ($20–100B)
AUM ratio		1.2× larger
Strategy & Focus
Investment style	Multi-asset	Multi-asset
Diversification	Broad	Diversified
Strategies	49 — Buyout, Growth Equity, Venture Growth, Co-investment
Asset classes	private equity, private credit, real estate, hedge funds, infrastructure, other, fixed income, cash, venture capital	private equity, real estate, infrastructure
Shared asset classes	3: private equity, real estate, infrastructure
Geography
Geographic bias	Global	North America
Regions	United States, Europe, Asia, Latin America	North America, Europe, Asia, China
Shared geographies	United States, Europe, Asia
Fund Portfolio
Published funds	2	0
Largest fund	Na'-Nuk Investment Fund, LP	—
Vintage range	2019–2020	—
Fund statuses	Closed (2)	—
Team
Total contacts	32	0
Team-to-AUM ratio	0.5 per $B	0.0 per $B
Network & Relationships
Connectivity	44/100	0/100
Network strength	61/100	0/100
Relationships	24	0
Relationship density	High	None
Network maturity	Emerging	No network
Similarity
Overall similarity	24%
Asset class overlap	33%
Geography overlap	16%

Frequently asked

What is the difference between Alaska Permanent Fund and New Mexico SIC?

Alaska Permanent Fund is a sovereign wealth fund based in United States, while New Mexico SIC is a sovereign wealth fund based in Santa Fe, New Mexico, United States. This page compares their firm type, assets under management, strategies, and geographic focus.

Which is larger, Alaska Permanent Fund or New Mexico SIC?

By reported AUM, New Mexico SIC is larger ($61B vs $70.42B).

Alaska Permanent Fund profile →New Mexico SIC profile →

Explore more

All firms Build a custom comparison More Sovereign Wealth Fund firms Firms in United States Market intelligence Latest news