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Alternative Market Briefing

Hamilton Lane to manage MassPRIM Future Initiative

Friday, December 10, 2021

Bailey McCann, Opalesque New York:

Hamilton Lane has been chosen as the private equity manager for the Massachusetts Pension Reserves Investment Management Board's Future Initiative. The initiative is designed to make it easier to invest in diverse and emerging managers.

The program's goal is to invest up to $1 billion in emerging-diverse managers across asset classes over the next two years. PRIM wants to reduce barriers and expand opportunities for emerging-diverse investment managers.

Management of the private equity portion of the program is an expansion of Hamilton Lane's nearly 15-year relationship with PRIM, where Hamilton Lane serves as private eq......................

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