Mississippi PERS approves $75m commitment to Westbrook Real Estate Partners XI

The US public pension has backed a North America, Europe and Asia focused fund.

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Institution: Public Employees’ Retirement System of Mississippi
Headquarters: Jackson, United States
AUM: $25.83bn
Allocation to alternatives: 19.76%
Bitesize: $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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