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MassPRIM selects new private equity director

MassPRIM selects new private equity director Michael McGirr Michael McGirr was named director of private equity at the Boston-based Massachusetts Pension Reserves Investment Management Board, confirmed Elizabeth Herlihy, spokeswoman for the $86.9 billion pension plan. He replaced Michael Bailey, who joined Fidelity Investments as a portfolio manager in its alternatives product development group. Mr. McGirr will oversee the plan s $10.9 billion private equity portfolio. He will report to MassPRIM Executive Director and Chief Investment Officer Michael Trotsky. Mr. McGirr was a senior investment officer at MassPRIM. The board plans to add to the private equity team, Ms. Herlihy said. Related Articles

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