News

MassPRIM Aims to Cut Return Target to 8%

MassPRIM's board wants to reduce its assumed rate of return from 8.25% to 8%, and the state's treasurer is championing the change at the legislative level. 

Turning the Tables on 2-and-20

No longer are institutional investors willing to pay the generous fees private equity managers have traditional charged, according to a survey by financial data firm PEI.