Mass PRIM

“Sarah is the deputy CIO. When you speak to her, she, you know, knows exactly what she's talking about. She's at a big public plan. She will be a CIO one day, and at that time she was she may still be in her late thirties.”

“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…”

“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.”

“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.”

“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 …”