Boston Retirement System

About Boston Retirement System

Boston Retirement System's investment portfolio is valued at $7.02 billion as of June 30, 2024, with investments in private equity, real estate, hedge funds, infrastructure, real assets, natural resources, publicly traded equities, fixed income securities, cash, and other alternative asset classes. Its 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%, compared to the benchmark returns of 1.0%, 9.5%, 2.6%, 6.9%, and 6.2% respectively. As of December 31, 2024, the private equity portfolio was valued at $792.04 million, representing 11.3% of the total portfolio. This is an increase compared to January 31, 2024, when the private equity portfolio was valued at $739.05 million. As of December 31, 2024, the fund's private equity & debt return for the quarter, 1 year, 3 years, 5 years, and 10 years were 2.1%, 8.7%, 11.1%, 11.9%, and 10.2%. Investments in private equity include buyouts, diversified private equity, co-investment, distressed debt, private debt, fund of funds, secondaries, private equity growth expansion, mezzanine, and venture capital strategies. The fund's investments are governed by the executive management team, with Ms. Ellen McCarthy serving as Chief Financial Officer. NEPC serves as the LP Consultant.