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PERS private-equity allocation posts strong long-term returns; investment report approved
Summary
The PERS investment committee reported a long-term net return of 15.11% for its private equity portfolio and said the program had returned about $5 billion to the system; the board approved the investment report and recent trades.
The Public Employees Retirement System of Mississippi’s Board of Trustees received an investment committee report on June 23, 2025, detailing private equity allocations and performance and approved the investment report and recent trades.
Doctor McCoy presented the investment committee’s report, saying that PERS originally allocated 5% of its assets to private equity in…
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