Massachusetts Pension Reserves Investment Management Board related stories
All articles and analysis
Ventura County focuses on lower mid-market in new pacing planAt a time of subdued PE performance, Ventura County is among a growing number of LPs looking to the space as a way to capture higher returns and more exit opportunities.
Advent’s $27bn flagship: How it stacks up against PE’s biggest fundsGPE XI is the third-largest private equity fund on record, PEI Group data shows.
Connecticut spies opportunity in smaller GPs amid PE buildoutThe system could also expand its growth equity exposure, which is below its target allocation.
MassPRIM laments PE’s stark underperformance for the yearThe pension system believes that it missed out on rapid growth in venture capital, but also acknowledged poor manager selection.
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.
Quad-C sets target for 11th flagship vehicleThe mid-market firm is looking to raise its largest fund yet.
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.