Pensions
MassPRIM Sees 12.7% Return in Fiscal 2026
Assets managed by the Massachusetts Pension Reserve Investment Management rose to $129.5 billion, as a few companies drove equity outperformance in concentrated markets.
Tag: Michael Trotsky
Pensions
MassPRIM Returns 9.6% in Fiscal 2025
Massachusetts Pension Reserves Investment Management assets rose to $115 billion.
Pensions
MassPRIM Reports 9.1% Return in 2024, Assets Reach $109.7B
PRIM’s returns in 2024 were driven by a boom in equities.
Pensions
Mass PRIT Fund Returns Remain Up Despite Market Forces
Alternative investments helped the $95 billion pension fund outperform the markets in the most recent quarter, and the fund saw a $7.8 billion gain in the 12-month period that ended September 30.
Mass PRIM CIO, Cliff Asness Talk Career Lessons at Pension Bridge
Michael Trotsky reveals early challenges at the Bay State fund, Cliff Asness describes vexations of serving on an endowment committee.
Asset Management Culture
MassPRIM’s CIO Gets a Cool 5.3% Raise, Full Bonus
Michael Trotsky’s strong performance at the $71.8 billion pension fund bumps his annual pay to almost $500,000.