Institutional Investors

Massachusetts switches consultant


The Massachusetts Pension Reserves Investment Management board has tapped Ennis Knupp & Associates as both its general investment and hedge fund consultant.

Ennis Knupp replaces Cliffwater in overseeing the $39 billion pension portfolio. Suzanne Bernard is the point person for the assignment with Sam Gallo along with other staffers assisting on the hedge fund portion of the assignment, according to Mike Travaglini, executive director at Massachusetts PRIM.

  Mike Travaglini

The state pension fund has recently terminated its contracts with fund of fund managers Ivy Asset Management and Austin Capital. In the case of Austin Capital,