Overview
Massachusetts PRIM is a U.S. public retirement system or public investment organization that supports pension benefits for eligible public-sector employees and beneficiaries.1
The capital pool exists to fund public-sector retirement benefits and related obligations.1
Investment program
- Estimated AUM
- $115.5B as of Jun 30, 20252
- Capital pool
- public pension fund1
- Investment model
- Likely hybrid public-pension model with internal staff, consultants, and external managers; verify from official investment policy or ACFR.1
- Investment approach
- 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.1
- Spending support
- Not listed yet
- Spending policy
- Not listed yet
- Asset allocation
- Public evidence references these asset classes or allocation areas: private equity, venture capital, private credit, hedge funds, real estate, infrastructure, public markets, fixed income.1
- Performance
- Not listed yet
- Governance
- The PRIM Board believes it is important to control risk through diversification, and, therefore, it invests in other asset classes including real estate, core fixed income, and international investments.1
- Investment team
- Focus Alternatives-focused investment consulting and direct lending across private markets Visit → Investment Consultant Firm-reported Fund Evaluation Group Cincinnati, OH AUM $95 billion advised Fund Evaluation Group, known as FEG, is an investment advisory firm providing both consulting and outsourced CIO services to institutional investors.3
- Unfunded commitments
- Not listed yet
- Source freshness
- Last verified Jul 3, 2026 · Needs review
Sources
Last verified Jul 3, 2026 from public career and organization materials.
Fact notes
- Website (mapension.com)Parent organization overview, Pool purpose, Institution type, Capital pool, Headquarters, Investment model, Investment approach, Asset allocation, Governance, Investment office page · checked Jul 3, 2026
- Other source (praxisrock.com)Estimated AUM · checked Jul 3, 2026
- Website (praxisrock.com)Investment team · checked Jul 4, 2026
Profile and job sources
- Manual research (mapension.com)Manual research · checked Jul 3, 2026
- Other source (praxisrock.com)Other source · checked Jul 3, 2026
- Website (mapension.com)Website · checked Jul 4, 2026
- Website (mapension.com)Website · checked Jul 4, 2026
- Website (praxisrock.com)Website · checked Jul 4, 2026
- Primary job/profile sourceJob posting · checked Jul 3, 2026