Massachusetts PRIM Commits to Private Equity, Invests $500M with RhumbLine

Written by: Jane Bailey, Marketing Associate

Massachusetts PRIM recently disclosed two commitments to private equity totaling $259 million that was approved at the November 30 board meeting.

In private equity, $150 million was allocated to American Securities Partners IX. An additional $109 million was allocated to Blackfin Financial Services Fund IV. 

Separately, according to materials from the January 2024 investment committee meeting, Massachusetts PRIM approved an investment of $500 million to the Economic Index Associates IFED-LG Index through RhumbLine.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Recent Posts

December 01, 2023

Kansas PERS Targeting $500M+ to Real Estate in 2024

The Kansas Public Employees’ Retirement System has reviewed their 2024 real estate commitment...

June 23, 2023

Alaska Retirement Commits $500M to Private Equity, Private Credit

The Alaska Retirement Management Board has committed $500 million across five alternative...

May 15, 2023

Connecticut Retirement Commits $500M to Private Equity

The Connecticut Retirement Plans and Trust Funds has disclosed four private equity investments...