Asset Owner Directory

Massachusetts PRIM

The Pension Reserves Investment Management (PRIM) Board manages the assets of the Pension Reserves Investment Trust (“PRIT”) Fund for public employee pension benefits on behalf of Massachusetts State Employees, Massachusetts Teachers’, and Boston Teachers’, as well as local participating retirement systems throughout the Commonwealth that elect to invest with PRIM. PRIM’s mission is to generate strong risk-adjusted investment returns that help the Commonwealth of Massachusetts meet its pension obligations and alleviate potential taxpayer burden.

Country

United States

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$105

Performance (%, 1YR)

9.50

Chief Executive

Michael Trotsky

Chief Investment Officer

Michael Trotsky

Chair

Deborah B. Goldberg

Asset allocation

25.3% Domestic Equity

10.7% International Equity

4.4% Emerging Markets

0.2% Global Equity Emerging-Diverse Manager Program

13.9% Core Fixed Income

7.3% Value-Added Fixed Income

17% Private Equity

9.6% Real Estate

3% Timberland

0% Hedge Funds

0% Liquidating Portfolio

0.3% Overlay

8.3% Portfolio Completion Strategies

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