Also known as MECRS
Manchester Employees' Contributory Retirement System's investment portfolio is valued at $319.43 million, as of August 31, 2024, with investments in domestic and international equity, fixed income, private equity, real estate, hedge funds, and cash. As of December 31, 2022, the private equity portfolio was valued at $38.93 million, representing 15.1% of the total portfolio. This is an increase compared to December 31, 2021, when the private equity portfolio was valued at $34.68 million. The private equity portfolio is currently overweight compared to the target allocation range of 12%. Investments in private equity include buyouts, diversified private equity, fund of funds, mezzanine, secondaries, private equity growth expansion, and venture capital fund strategies. The plan's investments are governed by the board of trustees, with Mr. Richard Molan serving as Chairman of the Board of Trustees. NEPC serves as an LP Consultant.
Browse more public pension funds and other institutional investors by location and type in the LPbacked limited-partner database.
Manchester Employees' Contributory Retirement System is a public pension fund based in Manchester, United States, managing approximately $320M in assets.
Manchester Employees' Contributory Retirement System is headquartered in Manchester, United States.
Manchester Employees' Contributory Retirement System manages approximately $320M in assets under management.
Manchester Employees' Contributory Retirement System was founded in 1974.
Manchester Employees' Contributory Retirement System focuses on Buyout, Private Equity, Fund of Funds, Growth/Expansion, Hedge Fund, Infrastructure - General, Metals & Mining, Mezzanine.
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.