Ennis Knupp Wins Mandate
April 9, 2009
The $50.6 billion Massachusetts Pension Reserves Investment Management (PRIM) has hired Ennis Knupp + Associates to serve as its investment consultant, Reuters has reported.
The plan’s previous consultant, Cliffwater resigned.
PRIM first hired Cliffwater to replace Wilshire Associates in 2005 . Cliffwater, according to the report, ended its contract due to the firm’s shift in focus to alternative investments.
The search to replace Cliffwater was launched in December.
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