Mass Water Targeting $24M to Private Markets

The Massachusetts Water Resources Authority Retirement System is looking to place $24 million in private markets, according to a report from consultant NEPC. 

The pacing plan calls for $24 million to be allocated to private market funds annually through the year 2028.

So far in 2024, $10 million was allocated to PRIM VY 2024. 

NEPC recommends allocating the remaining $14 million to secondary strategies. 

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