Mass. Pension Picks Hedge Fund Chief

Nov 15 2012 | 2:37am ET

Massachusetts' state pension chiefs have named a new head of its hedge fund portfolio.

Eric Nierenberg was named a senior investment officer responsible for hedge fund strategies by the Massachusetts Pension Reserves Investment Management Board. Nierenberg, who is expected to start his new job in December, currently teaches finance at Brandeis University, and is a former portfolio manager at Lee Munder Capital Group.

"Eric's superb qualifications in investment analysis will help us apply rigorous scrutiny to existing and potential investment strategies," MassPRIM executive director Michael Trotsky, himself a former hedge fund manager, said.

MassPRIM recently elected to cut back on its fund of hedge funds portfolio in favor of direct hedge fund investing, to save on fees.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...