Massachusetts Pension Reserves Investment Management Board related stories
All articles and analysis
Connecticut spies opportunity in smaller GPs amid PE buildoutThe system could also expand its growth equity exposure, which is below its target allocation.
MassPRIM targets smaller buyouts amid PE underperformanceThe system’s limited exposure to AI-related sectors has weighed on its PE returns, according to PE director Michael McGirr.
Side Letter: Gating-gateIn today's edition, Blue Owl's recent asset sale has thrust semi-liquids into the spotlight; Partners Group tries to assuage investors' AI concerns; Gridiron Capital is back in the market.
MassPRIM to expand secondaries capabilities in 2026The $123bn pension system's latest ambitions follow the creation of a GP-led-focused investment role in 2024.
Side Letter: Cash off the tableIn today's edition, GPs are being urged to take cash off the table early; Why Oklahoma is a must-visit for IR professionals; Defaults are on the (marginal) decline.
OTPP: GPs should consider ‘early wins’ to deliver liquidityFund managers ‘don’t need to wait for the perfect, full potential exit,’ senior managing director Cindy Yan tells PEI.
Side Letter: Snow ploughs neededLP patience over a lack of distributions appears to be wearing thin; why CVs could hurt primary fund returns; Eurazeo plants a flag in Scandinavia.
MassPRIM to miss PE deployment target amid distribution slowdown'Limited partner distributions are definitely constraining new commitments to subsequent funds,' says private equity director Michael McGirr.
MassPRIM recommends three new commitments to private equityThe Boston-based public pension fund recommended $208m in new commitments.