---
title: Massachusetts PRIM Commits to Private Equity, Invests $500M with RhumbLine
description: Massachusetts PRIM Commits to Private Equity, Invests $500M with RhumbLine
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/boston_public_pensions-2-1.jpg
---

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

**

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

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

**Written by: ** Jane Bailey, Marketing Associate 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/boston_public_pensions-2-1.jpg)

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](https://www.dakota.com/dakota-marketplace)!*

 Tags: [Private Equity](https://dakotafunds.com/dakota-funds/tag/private-equity), [Equities](https://dakotafunds.com/dakota-funds/tag/equities)

### Recent Posts

[EP Wealth Acquires Wacker Wealth Partners](https://dakotafunds.com/dakota-funds/fundraising-news/ep-wealth-acquires-wacker-wealth-partners)   
April 04, 2024

[JTP Capital Seeking Fundraising and CRM Database Management Assistant](https://dakotafunds.com/dakota-funds/fundraising-news/jtp-capital-seeking-fundraising-and-crm-database-management-assistant)   
April 04, 2024

[$700M Merrill FAs Depart to Sanctuary](https://dakotafunds.com/dakota-funds/fundraising-news/700m-merrill-fas-depart-to-sanctuary)   
April 03, 2024

[Greenbacker Capital Seeking Internal Sales Representative](https://dakotafunds.com/dakota-funds/fundraising-news/greenbacker-capital-seeking-internal-sales-representative)   
April 03, 2024

[NY Common Commits $550M to Venture Capital, Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/ny-common-commits-550m-to-venture-capital-real-estate)   
April 03, 2024

## Related Blogs

<https://dakotafunds.com/dakota-funds/fundraising-news/kansas-pers-targeting-500m-to-real-estate-in-2024>

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...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/kansas-pers-targeting-500m-to-real-estate-in-2024)

<https://dakotafunds.com/dakota-funds/fundraising-news/alaska-retirement-commits-500m-to-private-equity-private-credit>

June 23, 2023

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

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

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/alaska-retirement-commits-500m-to-private-equity-private-credit)

<https://dakotafunds.com/dakota-funds/fundraising-news/connecticut-retirement-commits-500m-to-private-equity>

May 15, 2023

#### Connecticut Retirement Commits $500M to Private Equity

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

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/connecticut-retirement-commits-500m-to-private-equity)

![footerLogo](https://dakotafunds.com/hubfs/footerLogo.svg)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Jane Bailey, Marketing Associate",
    "url" : "https://dakotafunds.com/dakota-funds/author/jane-bailey-marketing-associate"
  },
  "dateModified" : "2024-04-04T20:27:37.293Z",
  "datePublished" : "2024-02-05T05:00:00.000Z",
  "headline" : "Massachusetts PRIM Commits to Private Equity, Invests $500M with RhumbLine",
  "image" : [ "https://dakotafunds.com/hubfs/Imported_Blog_Media/boston_public_pensions-2-1.jpg" ],
  "mainEntityOfPage" : {
    "@id" : "https://dakotafunds.com/dakota-funds/fundraising-news/massachusetts-prim-commits-to-private-equity-invests-500m-with-rhumbline",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject"
    },
    "name" : "Dakota Funds Group"
  }
}
```