Boston Retirement System

About Boston Retirement System

Boston Retirement System is a public pension fund with a portfolio valued at $7.02 billion at June 30, 2024, held in private equity, real estate, hedge funds, infrastructure, real assets, natural resources, publicly traded equities, fixed income securities, cash, and other alternative asset classes. Returns for the quarter, 1 year, 3 years, 5 years, and 10 years were 1.0%, 9.6%, 3.1%, 7.2% and 6.4%, against benchmark returns of 1.0%, 9.5%, 2.6%, 6.9%, and 6.2% respectively. On December 31, 2024, private equity holdings were worth $792.04 million, or 11.3% of the total portfolio, up from $739.05 million on January 31, 2024. At December 31, 2024, the fund's private equity & debt returns for the quarter, 1 year, 3 years, 5 years, and 10 years were 2.1%, 8.7%, 11.1%, 11.9%, and 10.2%. Private equity investments cover buyouts, diversified private equity, co-investment, distressed debt, private debt, fund of funds, secondaries, private equity growth expansion, mezzanine, and venture capital strategies. The executive management team governs the fund's investments, and Ms. Ellen McCarthy is Chief Financial Officer. NEPC is the LP Consultant.

Real estate mandate

Contacts at Boston Retirement System