Massachusetts PRIM taps Cliffwater
Tue May 3, 2011
The $49 billion Massachusetts PRIM Board hired Cliffwater
for direct hedge fund consulting services and has proposed a
$500 million mandate for direct hedge fund allocations.
The board decided in the last year to pare back its fund of
hedge fund programme to total five managers from 11 groups,
when the pension fund had an absolute return portfolio and
ISSN: 2151-1845 / CDC10004H
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