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Part of Project Jupiter Watch — the public record of the $165B data-center deal in Doña Ana County, NM. New here? Start with the Film →

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NM State Investment Council (SIC)

The state's sovereign investment fund; its Chief Communications Officer said on the record it 'probably' holds indirect exposure to Apaluma via its Crosslink fund positions.
verification: confirmed

New Mexico's sovereign investment fund, which by its spokesman's on-record reasoning likely holds indirect exposure to Apaluma, the regulator's data contractor.

At a glance

Kind
Government agency
Jurisdiction
State of New Mexico
Verification
confirmed — Two independent accounts agree
In the record
1 sources · 1 connections · 0 dated entries
Record id
PJO106

Key facts

  • Its Chief Communications Officer said on the record that it 'probably' holds indirect exposure to Apaluma through its positions in Crosslink's 2023-vintage funds.[1]
  • Apaluma, the regulator's data contractor, was founded by the governor's former economic development secretary.

The record

New Mexico's own investment fund enters the conflict map: by its spokesman's on-record reasoning, its positions in Crosslink's 2023-vintage funds likely give the state indirect ownership in Apaluma — the regulator's data contractor, founded by the governor's former economic development secretary.

Relationships · 1

Claims involving them · 1

The state's own investment fund likely holds indirect exposure to Apalumacaveated

In the Watch · 1

eventApaluma closes a $5.55M seed round — announced the week the decision was due

Sources · 1

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The hearing has passed
The Watch stands.

The decision was due July 21. Instead: a public hearing — first set for October, then moved up to September 14 at the applicant’s request — and a ruling due by November 23. A $165B question for one desert county, on a schedule that keeps moving. The clock above always shows the next date that matters. Until the ruling, and after, this is the public watch on how it’s being made.