Massachusetts Pension Reserves Investment Management Board overview
Stories about Massachusetts Pension Reserves Investment Management Board
MassPRIM to expand secondaries capabilities in 2026
The $123bn pension system's latest ambitions follow the creation of a GP-led-focused investment role in 2024.
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 equity
The Boston-based public pension fund recommended $208m in new commitments.
Advent eyes $26bn for latest flagship fund
The US buyout firm expects a one-and-done close on GPE XI by mid-year, US pension documents show.
MassPRIM reaps fee savings from $2bn co-invest programme
The $105bn system's co-investment programme now makes up just over 10% of its private equity portfolio.
MassPRIM commits $66m to PE
The US-based pension fund backs three private equity funds, according to recent meeting materials.
Side Letter: Clearing the cap table
The world of venture capital is colliding with secondaries to tackle a dearth of liquidity, according to a new white paper. Plus: Carlyle raises $12.4 billion in a single quarter; and MassPRIM is piling back into VC. Here's today's brief, for our valued subscribers only.
Massachusetts Pension Reserves Investment Management Board contact information
Offices
53 State Street, Suite 600, Boston, 02109, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Mr. Matthew Liposky | Job titleChief Investment Operating Officer | LocationBoston, United States | Email  --------- |
| Key ContactMr. Michael McGirr | Job titleDirector of Private Equity | LocationBoston, United States | Email -------- |
| Key ContactMr. Michael G. Trotsky | Job titleExecutive Director & CIO | LocationBoston, United States | Email ------- |
| Mr. David M. Gurtz | Job titleDeputy Chief Investment Officer | LocationBoston, United States | Email --------- |
Massachusetts Pension Reserves Investment Management Board fund commitments
Known fund commitments: 557
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager ----- | Commitment dateJan 2025 | Commitment size$375m | |
Manager --------- | Commitment dateFeb 2026 | Commitment size ----------- | |
Manager ----- | Commitment dateFeb 2026 | Commitment size ------- | |
Stories that mention Massachusetts Pension Reserves Investment Management Board
Connecticut spies opportunity in smaller GPs amid PE buildout
The system could also expand its growth equity exposure, which is below its target allocation.
Side Letter: Gating-gate
In 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.
Side Letter: Cash off the table
In 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 liquidity
Fund managers ‘don’t need to wait for the perfect, full potential exit,’ senior managing director Cindy Yan tells PEI.
Side Letter: Snow ploughs needed
LP patience over a lack of distributions appears to be wearing thin; why CVs could hurt primary fund returns; Eurazeo plants a flag in Scandinavia.
Side Letter: Deal allocation aggro
Could LP concerns over evergreen deal allocations be further exacerbated by 401(k) inflows? Plus: Moelis taps Jefferies for another secondaries hire; and consolidation is afoot in Italy. Here's today's brief, for our valued subscribers only.
Side Letter: KKR's target-date trajectory
KKR has tempered expectations around the speed at which private markets firms will unlock 401(k) capital at scale. Plus: Ares looks set to close its latest buyout fund at just over half the size of its predecessor. Here's today's brief, for our valued subscribers only.