Massachusetts Pension Reserves Investment Management Board related stories
All articles and analysis
Denham beats target with $3bn final closeDenham Capital has surpassed its $2.5bn target for its latest fund, raising $3bn in just eight months for its sixth energy-focused vehicle.
- Advent sets post-Lehman fundraising record
Advent International has wrapped up fundraising for its latest global buyout vehicle, which came in at €8.5bn.
- Massachusetts re-ups with Centerbridge
Massachusetts’ $44bn pension has committed $150m to Centerbridge Partners II. The pension has another $346m in possible commitments to make before the end of the year.
- Hewitt deal creates $3tr firm hungry for alternatives
Hewitt Associates’ plan to acquire EnnisKnupp will build out the firm’s investment consulting business, advising LPs on private equity, real estate and infrastructure investments.
- Travaglini to leave Mass PRIM
Michael Travaglini, who helped grow the $44bn state pension's private equity programme, is leaving to join a hedge fund of funds in Chicago.
- Mass PRIM to spend $1bn on private equity
The $40bn pension, which has not yet committed to private equity in 2010, is happy to come in below target this year depending on opportunities.
- Mass PRIM commits $100m to Gores Group
The US public pension, not having seen enough ‘sufficient quality opportunities’, has committed only one-third of its budgeted $1.5bn for private equity investments this year.
- Pension boss: ‘Placement agents serve a purpose’
As some US public pensions move to ban the use of placement agents, Mike Travaglini, the executive director of the $38bn Massachusetts PRIM, told PEO that these agents play a vital role in helping his small staff identify private equity opportunities.
- Massachusetts buys $150m energy LP interest from Harvard
The $50.6bn Massachusetts pension purchased the secondary stake in Denham Capital Management Commodity Partners V from Harvard.
- Massachusetts PRIM commits $300m to private equity
The pension allocated funds to Oaktree Capital Management and TA Associates despite being over-weighted to private equity.