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Mississippi PERS committee approves switch from S&P 500+3 benchmark to Cambridge private equity index

Public Employees Retirement System of Mississippi · June 6, 2024
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Summary

The committee voted to replace the current S&P 500 plus 3 (lag 1 quarter) benchmark with the Cambridge private equity benchmark, making the change effective for the current fiscal year and thereafter. The motion was moved and seconded and passed without recorded opposition.

The Public Employees Retirement System of Mississippi investment committee voted to replace its current performance benchmark, S&P 500 plus 3 (lag one quarter), with the Cambridge private equity benchmark and to make that change effective for the current fiscal…

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