Searches and Hires

Mississippi Public Employees adds $75 million to real estate

Mississippi Public Employees' Retirement System, Jackson, committed $75 million to Westbrook Real Estate Fund XI, a value-added real estate fund managed by Westbrook Partners, CIO Lorrie Tingle said in an email.

The $25.8 billion pension fund previously made a $50 million commitment to Westbrook Real Estate Fund X.

As of Dec. 31, the system's actual allocation to real estate was 10.9%.