Massachusetts PRIM Commits to Private Equity, Invests $500M with RhumbLine

Massachusetts PRIM recently disclosed two commitments to private equity totaling $259 million that was approved at the November 30 board meeting.

In private equity, $150 million was allocated to American Securities Partners IX. An additional $109 million was allocated to Blackfin Financial Services Fund IV. 

Separately, according to materials from the January 2024 investment committee meeting, Massachusetts PRIM approved an investment of $500 million to the Economic Index Associates IFED-LG Index through RhumbLine.

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