Massachusetts PRIM taps Cliffwater

Tue May 3, 2011

Michael Travaglini

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 portable...

ISSN: 2151-1845 / CDC10004H

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