Boston, Massachusetts — According to state and local development sources, Massachusetts Pension Reserves Investment Management plans to invest $3,577,696.00 to build out new space in Boston. The company plans to occupy the new space at 43-65 State St in Boston, on or about September 1, 2023. According to the company website 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. PRIMs 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. PRIMs 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.

To learn more about Massachusetts Pension Reserves Investment Management, visit http://www.mapension.com/

Company Contact:
Anthony Falzone, Chief Operating Officer
https://www.linkedin.com/in/anthony-falzone-5334a77/
617-946-8401

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