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. 


Investment Management

Massachusetts Pension Reserves Investment Management

Michael Trotsky

Maria Garrahan

Anthony Falzone

Francesco Daniele

Qingmei Li

Michael McElroy

Daniel Eckman

E. Renee Lefevre

The Leadership Team at Massachusetts Pension Reserves Investment Management (PRIM) is responsible for setting strategic direction, overseeing investment decisions, and ensuring legal and operational excellence. The team includes the Executive Director and Chief Investment Officer, Chief Legal Officer-General Counsel, Deputy Executive Director and Chief Operating Officer, and Deputy Chief Investment Officer. Together, they work to maximize investment returns for the Pension Reserves Investment Trust (PRIT) Fund while managing risk and ensuring compliance with legal and regulatory standards.

Leadership Team

Investment Team

Finance and Accounting

Leadership Team

About

Team members

Other teams at Massachusetts Pension Reserves Investment Management

Investment Team

Finance and Accounting