Massachusetts Pension Reserves Investment Management
Francesco Daniele has a diverse work experience spanning over several years. Francesco started their career at Independence Investment Associates as an Analyst in Fixed Income & International Equities from 1995 to 1997. Francesco then worked as a Project Manager for a Private Real Estate Firm (PREF) and also worked as a Consultant from 1998 to 2003. Following that, they joined DebtX, a Full Service Loan advisory firm, as a Director from 2004 to 2015. Francesco then worked at Suffolk University in Special Projects from 2015 to 2016. Currently, they are employed at Massachusetts Pension Reserves Investment Management as a Senior Client Services Officer since December 2016, and later promoted to the role of Director of Client Services in April 2021.
Francesco Daniele completed their Bachelor of Science degree in International Business with a focus on Finance from Northeastern University, which lasted from 1992 to 1997. Francesco then pursued further education and attained a Master of Business Administration (MBA) degree from Suffolk University - Sawyer Business School, specializing in Financial Markets, between 2002 and 2006. In addition to their academic achievements, Francesco Daniele also obtained the CFA- Investment Foundations Certificate from the CFA Institute in July 2017.
Massachusetts Pension Reserves Investment Management
The Pension Reserves Investment Management (“PRIM”) Board manages the assets of the Pension Reserves Investment Trust (“PRIT”) Fund for public employee pension benefits on behalf of Massachusetts State Employees and Massachusetts Teachers’, as well as local participating retirement systems throughout the Commonwealth that elect to invest with PRIM. PRIM’s mission is to generate strong risk-adjusted investment returns that help the Commonwealth of Massachusetts meet its pension obligations and alleviate potential taxpayer burden. PRIM aims to be a leading investor of retirement funds through strong financial performance, a high degree of professionalism and transparency, and responsible resource management. PRIM’s highly experienced, professional investment staff seeks to maximize the return on investment with an acceptable level of risk by broadly diversifying the investment portfolio, capitalizing on economies of scale to achieve cost-effective operations, and providing access to high-quality, innovative investment strategies.