Institution: Public Employees’ Retirement System of Mississippi
Headquarters:Â Jackson, United States
AUM:Â $25.83bn
Allocation to alternatives:Â 19.76%
Bitesize:Â $50-100m
Public Employees’ Retirement System of Mississippi has approved a commitment of $75 million to Westbrook Real Estate Partners XI.
The $25.83 billion US public pension has a 10.0 percent target allocation to real estate that currently stands at 10.91 percent. This is Mississippi PERS’ first commitment to real estate for Q2 2019.
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