20 Years, and “Poof”

After two decades the Massachusetts pension fund hires a new investment-consulting firm.

Travaglini speaks at the Reuters Global Hedge Fund and Private Equity Summit in New York — Michael Travaglini, executive director of the Massachusetts state pension fund, speaks at the Reuters Global Hedge Fund and Private Equity Summit in New York April 7, 2008. REUTERS/Brendan McDermid (UNITED STATES)

All things must pass, even at the $34 billion Massachusetts state pension fund, which after two decades has hired a new investment-consulting firm.

Chicago-based Ennis, Knupp & Associates will provide general and alternative-strategies programs. Being replaced is Stephen Nesbitt of consulting firm Cliffwater, based in Marina del Rey, California.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Twitter
LinkedIn
Pinterest
Tumblr
Copy
Link copied
Print
Email