Mass PRIM adds over $2bn to HF, credit and PE managers

The Massachusetts Pension Reserves Investment Management (PRIM) board approved numerous alternative investment strategies in the first quarter, according to a monthly board update recently released by the $90 billion pension fund system.

Private equity investments led the way with 10 funds receiving commitments. The moves follow the steady performance of the asset class that achieved one of its highest annual returns in PRIM’s history with annualized gains of 35.9% through March 31, 2021. The top performing asset class was global equities, which returned 58.5% over the same time frame and led to the pension . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available. Research articles require an Annual sub.

Get started

Related Articles

Back to top button

Start Your Days in the Know


Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!