MassPRIM To Vote On Portable Alpha, Int’l Equity RFPs

Mar 31 2006 | 12:00am ET

The $40 billion Massachusetts Pension Reserves Investment Management Board expects to approve RFPs for an international equity manager and a portable alpha manager at its April 4 board meeting, said Mike Travaglini, executive director.

In February, the fund approved a maiden investment into portable alpha of up to $2 billion and increased its international equity exposure by 5% to 20% (FINalternatives, 2/10). The board will also vote on whether to recommend a number of private equity investments, though Travaglini declined to name the firms. The fund has also issued an RFP for a hedge fund consultant because the contract of incumbent New England Pension Consultants expires in April. 


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of