Mass PRIM
fund on 1 show · 5 statements across 2 episodes · said 21 times in 2 episodes since 2017
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Capital Allocators 21
2022 19 mentions in 1 episode
2017 2 mentions in 1 episode
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5 statements about Mass PRIM, every show
Samuels: MassPRIM and Wellesley shared 7% nominal return targets
“The return targets were pretty much the same for the public pension and the endowment, about seven percent nominal, but the investment approaches were really, really different.”
Samuels: MassPRIM held 240 underlying hedge fund relationships before moving direct
“Our hedge fund portfolio began a long time ago as fund of funds. We realized we had 240 underlying relationships when we looked through those dozen or so fund of funds, and we built a direct program when I was there.”
Samuels: Allocate active capital only where median managers beat fees and dispersion is wide
“We developed an active management versus index framework where we would put more active dollars to work and asset classes on the traded side that had a wider dispersion of results from the best and the worst managers, and where the median manager outperformed …”
Samuels: MassPRIM Defied Stereotypes by Championing Innovation
“Some people might think that state pension funds are overly bureaucratic or risk averse, but Prim was just the opposite. We had a fantastic executive director and chief investment officer in Michael Trotsky. He's still there. He really encouraged us all to cha…”