LP Profile

Manchester Employees' Contributory Retirement System

Also known as MECRS

Public Pension FundManchester, United StatesFounded 1974
$320M
Assets Under Management
Manchester
Headquarters
Investment Focus

About Manchester Employees' Contributory Retirement System

Manchester Employees' Contributory Retirement System has an investment portfolio worth $319.43 million as of August 31, 2024, covering domestic and international equity, fixed income, private equity, real estate, hedge funds and cash. As of December 31, 2022, private equity was worth $38.93 million, or 15.1% of the total portfolio, up from $34.68 million at December 31, 2021. It is currently overweight against the target allocation range of 12%. Private equity investments include buyouts, diversified private equity, fund of funds, mezzanine, secondaries, private equity growth expansion and venture capital fund strategies. The board of trustees governs the plan's investments, with Mr. Richard Molan as Chairman of the Board of Trustees, and NEPC serves as an LP Consultant.

Preferred Investment Types

BuyoutPrivate EquityFund of FundsGrowth/ExpansionHedge FundInfrastructure - GeneralMetals & MiningMezzanineOil/GasReal Assets & Natural Resources - GeneralReal Estate CoreReal Estate Core PlusReal Estate DebtReal Estate OpportunisticReal Estate Value AddedSecondariesVenture CapitalVenture Capital - Early Stage

Preferred Geographies

AlabamaAlaskaArizonaArkansasBay AreaCaliforniaCanadaConnecticutDC MetroDelawareDistrict of ColumbiaEuropeFloridaGeorgiaGreat LakesGuamHawaiiIllinois
FAQ

Frequently asked questions

What type of investor is Manchester Employees' Contributory Retirement System?

Manchester Employees' Contributory Retirement System is a public pension fund based in Manchester, United States, managing approximately $320M in assets.

Where is Manchester Employees' Contributory Retirement System headquartered?

Manchester Employees' Contributory Retirement System is headquartered in Manchester, United States.

How much does Manchester Employees' Contributory Retirement System manage?

Manchester Employees' Contributory Retirement System manages approximately $320M in assets under management.

When was Manchester Employees' Contributory Retirement System founded?

Manchester Employees' Contributory Retirement System was founded in 1974.

What does Manchester Employees' Contributory Retirement System invest in?

Manchester Employees' Contributory Retirement System focuses on Buyout, Private Equity, Fund of Funds, Growth/Expansion, Hedge Fund, Infrastructure - General, Metals & Mining, Mezzanine.

How can I contact Manchester Employees' Contributory Retirement System?

Verified contact details, key decision-makers, and investment preferences for Manchester Employees' Contributory Retirement System are available on LPbacked. Create a free account to access them.