The Public Employees’ Retirement System of Mississippi (PERS) has approved a 2 percent allocation to infrastructure, with allocations totaling $750 million. The commitments will be dedicated to a Blackstone Infrastructure Partners fund, the Brookfield Super-Core Infrastructure Partners, the EQT Active Core Infrastructure II and the J.P. Morgan Global Transport Income Fund.
According to meeting materials, each manager will receive commitments of $150 million that will anchor nearly 80 percent of the target allocation in long-duration core assets benchmarked to a peer comparison benchmark.
This allocation signifies the introduction of infrastructure as a dedicated asset class within Mississippi PERS’s investment portfolio. As of Sept. 30, 2025, the public pension fund had $38 billion in total assets under management.