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The New Mexico State Investment Council (NMSIC) has committed $200 million to Fairfield U.S. Multifamily Value-Add Fund IV, a vehicle of Fairfield Residential. This commitment was approved on Oct. 29, according to the NMSIC meeting materials. Fairfield U.S. Multifamily Fund IV is a value-added, closed-end fund with a focus on class B and class C assets in the United States.