Mississippi Public Employees' Retirement System, Jackson, approved a $75 million commitment to the TA Realty Value-Add Fund XIII.
The commitment to the real estate fund was approved at a board meeting on Feb. 23, Robert Clark, chief investment officer, said in an email.
Mississippi PERS already has more than $190 million invested with TA Realty in multiple funds, Mr. Clark said.
As of March 16, Mississippi PERS had 10% allocated to real estate, the same as its target allocation.
Mississippi PERS had $33.9 billion in assets as of March 16.
