The Public Employees’ Retirement System of Mississippi has disclosed a $75 million commitment to the Angelo Gordon Value-Add Fund XI.
The investment to the value-added real estate fund was approved at the October 25 board meeting according to recently released meeting minutes.
As of September 30, 2022, the $29.3 billion Retirement System allocates 12.62% to real estate. The investment policy targets a 10% allocation to real estate.
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