Massachusetts PRIM Discloses New Commitments

The Massachusetts Pension Reserves Investment Management (PRIM) Board has disclosed new commitments, as shown in a quarterly update report.

The Board approved an allocation of up to $125 million to JEN 8 LP managed by JEN Partners. “JEN is a land-oriented residential real estate manager that makes short duration investments in select submarkets across the U.S.,” as described in the report

In addition, the PRIM Board approved a $300 million Berkshire Co-investment through the Project Journey Co-Investment Opportunity. Details of this co-investment were not available.

In private equity, a $200 million follow-on commitment was given to TowerBrook Investors VI. “Towerbrook invests across multiple industries, and core sectors include healthcare, consumer & distribution, financial services, technology, media & services, and industrials.”

As of June 30, 2022, the PRIT Fund was valued at approximately $92.4 billion.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

Related Content

Apollo brightens CLO/credit portfolio with Irradiant, and more…
February 25, 2025

Rockefeller nabs $4B Bay Area team from Merrill, and more…
February 24, 2025

Ohio STRS Eyes Private Markets Expansion, GTCR Closes $3.6B Fund, and LPL Snags $900M Raymond James Team
February 21, 2025

Institutional Shifts & Private Market Moves: RSIC's $260M Commitments, Carlyle's PE Revival, and Mercer's SECORA Acquisition
February 20, 2025

Texas ERS Reshapes Consultant Lineup, CPP Expands Investments, and PAG Closes $4B Fund
February 18, 2025

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Massachusetts PRIM Discloses New Commitments

Subscribe

Related Content

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Podcasts

Events

Company