INVESTMENT VENDORS  The following is a listing of the investment managers, custodians, and consultants that serve the Massachusetts public pension systems. The listing is based on information supplied by the retirement boards.

RETIREMENT BOARD INVESTMENT VENDORS ADAMS • Capital Research and Management • Granite Investment Advisors Custodian: State Street Bank & Trust Consultant: Fiduciary Investment Advisors AMESBURY • PRIT ANDOVER • PRIT Consultant: Dahab Associates ARLINGTON • PRIT • Wilshire Associates Inc. Custodian: State Street Bank & Trust ATTLEBORO • Boston Advisors, LLC • Hancock Timber Resource Group, Inc. • Orleans Capital Management Corp. Custodian: People’s United Bank • BTG Pactual Timberland Investment Group • Herndon Capital Management, LLC • PRIT Consultant: Dahab Associates Inc. • Daruma Capital Management, LLC • Intercontinental Real Estate Corp. • RhumbLine Advisers • Fidelity Institutional Asset Management • Invesco Core Real Estate USA, LP • State Street Global Advisors • Frontier Capital Management Co., LLC • Invesco National Trust Company • Wells Capital Management Inc. BARNSTABLE COUNTY • Intercontinental Capital Management, LLC • PRIT • UBS Realty Investors, LLC BELMONT • AEW Capital Management, LP • Loomis Sayles & Company • RhumbLine Advisers Custodian: State Street Bank & Trust • Atlanta Capital • Pacifc Investment Management Company, LLC • Rothschild Asset Management Inc. Consultant: New England Pension • Harbourvest Partners, LLC • PRIT • Scout Capital Management, LLC Consultants BERKSHIRE COUNTY • PRIT BEVERLY • PRIT BLUE HILLS REGIONAL • PRIT BOSTON (CITY) • 57 Stars, LLC • Federal Street Partners, LLC • Prudential Capital Partners Custodian: State Street Bank & Trust • AEW Capital Management, LP • Fisher Investments • RhumbLine Advisers • Alcentra NY, LLC • GAM USA, Inc. • Richmond Capital Management, Inc. Consultant: New England Pension Consultants • Angelo, Gordon & Co., LP • Goldentree Asset Management, LP • Sanderling Ventures • Arclight Capital Partners, LLC • Grosvenor Capital Management, LP • SCP Partners • Aristotle Capital Management, LLC • Hamilton Lane • Siguler Guff Advisers, LLC • Arsenal Real Estate Funds, LLC • Hearthstone Inc. • SL Capital Partners • Ascent Venture Partners • Income Research + Management • State Street Global Advisors • Audax Group • Intech • Sterling Venture Partners, LLC • AXA Real Estate Investment Managers Ltd. • Intercontinental Real Estate Corp. • TA Realty • Bernzott Capital Advisors • Invesco Core Real Estate USA, LP • TH Lee Putnam Ventures BlackRock A J.F • dvisors, LLC • . Lehman & Company, Inc. • The Davis Companies • Blue Point Capital Partners, LLC • J.P. Morgan Investment Management, Inc. • Thomas H. Lee Partners, LP • Boston Millennia Partners • J.W. Childs Associates, LP • Thoma Bravo, LLC • Brookfeld Asset Management • LaSalle Investment Management, Inc. • Thomas Weisel Global Growth Partners, LLC • CCMP Capital Advisors, LLC • Lazard Asset Management, LLC • Centersquare Investment Management Holdings, Inc. • Lexington Partners, LP • Todd Asset Management • Columbia Management Investment Advisors, LLC • Loomis Sayles & Company • Tristan Capital Partners • Commonwealth Capital Ventures • Mesirow Advanced Strategies, Inc. • Vanguard Venture Partners, LLC • Courtland Partners • Mesirow Financial Investment Management, Inc. • Vontobel Asset Management, Inc. • Crescent Capital Group, LP • MPM Capital, LP • W Capital Partners • DDJ Capital Management • NGP Energy Capital Management, LLC • Wells Capital Management, Inc. • D.E. Shaw Investment Management, LLC • Oaktree Capital Management, LP • Western Technology • DRC Capital, LLP • PanAgora Asset Management, Inc. • Westfeld Capital Management Company, LP • Dune Capital Management, LP • Pearlmark Investment Advisors, LLC • Westport Capital Partners, LLC • Energy Spectrum Partners • Perella Weinberg Partners Capital Management, LP • Z Capital Partners, LLC • EnTrust Partners, LLC • Permal Asset Management, Inc. • Zevenbergen Capital Investments, LLC • Evercore Advisors, LLC • Polunin Capital Partners PERAC ANNUAL REPORT 2016 | 119 RETIREMENT BOARD INVESTMENT VENDORS BOSTON TEACHERS • PRIT

BRAINTREE • Acadian Asset Management, LLC • Massachusetts Financial Services Company • PRIT Custodian: SEI Private Trust Company • Lexington Partners, LP • Pictet Asset Management • RhumbLine Advisers • Loomis Sayles & Company • SEI Investments Management Corporation

BRISTOL COUNTY • Aberdeen Asset Management • Hunt Investment Management, LLC • Pacifc Investment Management Company, LLC Custodian: State Street Bank & Trust • Arrowstreet Capital, LP • Income Research & Management • Polaris Capital Management, LLC Consultant: Segal Marco Advisors • Ashmore Investment Advisors, Ltd. • Intech • PRIT • BlackRock Investment Management, LLC • Intercontinental Real Estate Corp. • RBC Global Asset Management (U.S.), Inc. • Brookfeld Timberlands Management, LP • Invesco Advisers, Inc. • Rice Hall James & Associates, LLC • CB Richard Ellis Group, Inc. • Lazard Asset Management, LLC • RREEF Management, LLC • Colchester Global Investors • LSV Asset Management • SEI Trust Company • Columbia Management Investment Advisers, LLC • Lyrical Asset Management, LP • Stone Harbor Investment Partners • DN Partners • Massachusetts Financial Services Company • TA Realty • Dupont Capital Management • Mesirow Financial Private Equity Advisors, Inc. • Timberland Investment Resources, LLC • Earnest Partners, LLC • New Boston Fund, Inc. • WL Ross & Co., LLC • GCM Customized Fund Investment Group BROCKTON • Aberdeen Asset Management • Hunt Investment Management, LLC • New Boston Fund, Inc. Custodian: SEI Private Trust Company • Arsenal Real Estate Partners • Intercontinental Capital Management, LLC • New England Capital Partners • Ascent Venture Partners • Invesco Private Capital, Inc. • Oppenheimer Alternative Investment • Boston Capital Ventures • Landmark Partners, LLC Management • Charlesbank Capital Partners, LLC • Mesirow Financial Investment Management , Inc. • SEI Investments Management Corp. • HealthPoint, LLC • Siguler Guff Advisers, LLC

BROOKLINE • AEW Capital Management, LP • Invesco Private Capital, Inc. • Russell Investment Group Custodian: Russell Investments • Hancock Timber Resource Group, Inc. • Lexington Partners, LP • Sustainable Woodlands Partners, LLC • HarbourVest Partners, LLC • PRIT CAMBRIDGE • Aberdeen Asset Management • Income Research & Management • Penn Square Global Real Estate Group, LLC Custodian: People’s United Bank • AEW Capital Management, LP • Intercontinental Real Estate Corp. • Polaris Capital Management, LLC Consultant: Segal Marco Advisors • Ascent Venture Partners • Invesco Core Real Estate USA, LP • PRIT • BlackRock Investment Management, LLC • J.P. Morgan Investment Management • RBC Global Asset Management (U.S.), Inc. • Brandywine Global Investment Management, LLC • Landmark Partners, LLC • RhumbLine Advisers • Columbia Management Investment Advisors, LLC • Lazard Asset Management, LLC • Rockwood Capital, LLC • Fidelity Institutional Asset Management • Lexington Partners, LP • State Street Global Advisors • Hamilton Lane • Loomis Sayles & Co. • UBS Realty Advisors, LLC • Hancock Timber Resource Group, Inc. • MacKay Shields, LLC • WEDGE Capital Management, LLP • IFM Investors (US) Advisor • MFS Institutional Advisors, Inc. • Wellington Management Company

CHELSEA • PRIT

CHICOPEE • PRIT • SEI Investments Management Corp. Custodian: SEI Private Trust Company

CLINTON • PRIT Consultant: Trust Advisory Group, Ltd.

CONCORD • Columbia Threadneedle Investments • PRIT • Russell Investment Group Custodian: Comerica Securities DANVERS • Barings, LLC • Longfellow Investment Management Co., LLC • RhumbLine Advisers Custodian: Comerica • Dalton, Greiner, Hartman, Maher & Co., LLC • Lyrical Asset Management • Shafer Cullen Consultant: Graystone Consulting • Equus Capital Partners, Ltd. • Manulife Asset Management • Shenkman Capital Management, Inc. • Fidelity Investments Money Management, Inc. • Mount Lucas Management, LP • TA Realty • Gerber-Taylor Management Company • PRIT • TWIN Capital Management

120 | PERAC ANNUAL REPORT 2016 RETIREMENT BOARD INVESTMENT VENDORS

DEDHAM • PRIT

DUKES COUNTY • Atlanta Capital • Polen Capital Management, LLC • Vanguard Custodian: State Street Bank & Trust • Garcia Hamilton & Associates LP • PRIT Consultant: Dahab Associates, Inc. EASTHAMPTON • PRIT

ESSEX COUNTY • Ascent Venture Partners • Levine Leichtman Capital Partners, Inc.. • Principal Real Estate Investors, LLC Custodian: State Street Bank & Trust • BlackRock Investment Management, LLC • MassVentures • Sentinel Real Estate Corporation Consultant: Dahab Associates, Inc. • Boston Millennia Partners • PRIT • TA Realty • Intercontinental Real Estate Corp. EVERETT • PRIT

FAIRHAVEN • PRIT

FALL RIVER • PRIT • SL Capital Partners, LLP

FALMOUTH • Baring Asset Management (Asia) Limited • Invesco Private Capital, Inc. • Prinicipal Real Estate Investors, LLC Custodian: State Street Bank & Trust • Denver Investments • Lexington Partners, LP • RhumbLine Advisers Consultant: Wainwright Investment • Dimensional Fund Advisors, LP • LMCG Investments, LLC • SEI Trust Company Counsel, LLC • Earnest Partners, LLC • Mesirow Financial Private Equity Advisors, Inc. • Seizert Capital Partners, LLC • HGK Asset Management, Inc. • Metropolitan Real Estate Equity Management, LLC • Siguler Guff Advisers, LLC • Intercontinental Real Estate Corp. • PRIT • State Street Global Advisors FITCHBURG • PRIT • TA Realty

FRAMINGHAM • PRIT

FRANKLIN COUNTY • Daruma Capital Management, LLC • Polen Capital Management, LLC • Seizert Capital Partners, LLC Custodian: Comerica Bank • Income Research & Management • PRIT • Systematic Financial Management, LP Consultant: Dahab Associates, Inc. • O’Shaughnessy Asset Management, LLC GARDNER • PRIT

GLOUCESTER • PRIT

GREATER LAWRENCE • Seaward Management Custodian: BNY Mellon Asset Servicing GREENFIELD • PRIT

HAMPDEN COUNTY • GCM Customized Fund Investment Group • New Boston Fund, Inc. • PRIT REGIONAL • Long Wharf Real Estate Partners, LLC Consultant: Segal Marco Advisors HAMPSHIRE COUNTY • Ascent Venture Partners • Lexington Partners, LP • Portfolio Advisors, LLC Consultant: New England Pension • Barings LLC • Massachusetts Financial Services Company • PRIT Consultants • Colchester Global Investors • Mellon Capital Management Corporation • RBC Global Asset Management (U.S.) Inc. • Glouston Capital Partners, LLC • Perella Weinberg Partners Capital Management, LP • RhumbLine Advisers • Intercontinental Real Estate Corp. • Polaris Capital Management, LLC • Shenkman Capital Management, Inc.

PERAC ANNUAL REPORT 2016 | 121 RETIREMENT BOARD INVESTMENT VENDORS HAVERHILL • DDJ Capital Management, LLC • Massachusetts Financial Services Company • Stafford Private Equity, Inc. Custodian: People’s United Bank • Fisher Investments • Mesirow Financial Institutional Real Estate • Systematic Financial Management, LP Consultant: Wainwright Investment • Global Forest Partners, LP • Molpus Woodlands Group, LLC • TerraCap Management Counsel, LLC • Globespan Capital Management, Inc. • PRIT • TH Lee Partners • GrandBanks Capital • Putnam Investment Management, LLC • The DSF Group • Income Research + Management • RhumbLine Advisers • Victory Capital Management • Intercontinental Real Estate Corporation HINGHAM • PRIT Consultant: Meketa Investment Group HOLYOKE • American Realty Advisors • Intercontinental Real Estate Corporation • PRIT Consultant: Segal Marco Advisors • Boston Company Asset Management, LLC • Invesco Core Real Estate USA, LP • Putnam Investment Management, LLC • Brandywine Global Investment Management, LLC • Invesco Trust Company • RBC Global Asset Management (U.S.) Inc. • Charles Schwab & Co., Inc. • Lazard Asset Management, LLC • Seizert Capital Partners, LLC • Constitution Capital Partners, LLC • Long Wharf Real Estate Partners, LLC • State Street Global Advisors • Denver Investments • Mesirow Financial Private Equity Advisors, Inc. • TA Realty • Fidelity Institutional Asset Management • Oberweis Asset Management, Inc. • TerraCap Management • Flynn Financial Partners • OFI Global Institutional, Inc. • Wasatch Advisors, Inc. • Industry Capital Advisors, LLC • Polaris Capital Management, LLC HULL • PRIT LAWRENCE • PRIT LEOMINSTER • Massachusetts Financial Services Company • Templeton Investment Counsel • Union Labor Life Company Custodian: State Street Bank & Trust • PRIT LEXINGTON • Acadian Asset Management, LLC • Hartford Investment Management Company • PRIT Custodian: State Street Bank & Trust • Beacon Capital Partners, LLC • Kayne Anderson Rudnick Investment Management • RhumbLine Advisers Consultant: Meketa Investment • Fidelity Investments • Loomis Sayles & Company • Wellington Management Company, LLP Group, Inc. • Fiduciary Management, Inc. • Matthews International Capital Management, LLC • White Oak Global Advisors, LLC • Golub Capital Partners • Monroe Capital • William Blair & Company, LLC LOWELL • Ascent Venture Partners • Intercontinental Real Estate Corporation • QCI Asset Management Custodian: People’s United Bank • Boston Millennia Partners • PRIT • Sentinel Real Estate Corporation • Charles River Ventures LYNN • Ascent Venture Partners • BlackRock Realty Advisors, Inc. • Hunt Investment Management, LLC • BlackRock Investment Management, LLC • Fidelity Investments Money Management, Inc. • PRIT MHFA • Aberdeen Asset Management • Goldman Sachs Asset Management, LP • McDonnell Investment Management, LLC Custodian: State Street Bank & Trust • AEW Capital Management, LP • HarbourVest Partners, LLC • RS Investment Management Company, LLC Consultant: Meketa Investment • Ascent Venture Partners • Intercontinental Real Estate Corporation • State Street Global Advisors Group, Inc. • Columbia Management Investment Advisers, LLC • KBI Global Investors (North America) Ltd. • Stone Harbor Investment Partners, LP • Constitution Capital Partners, LLC • LMCG Investments, LLC • TA Realty • Dimensional Fund Advisors, LP • Logan Circle Partners, LP MWRA • Alcentra NY, LLC • Kayne Anderson Capital Advisors, LP • Private Advisors, LLC Custodian: People’s United Bank • Ascent Venture Partners • Landmark Partners, LLC • RhumbLine Advisers Consultant: New England Pension • Boston Company Asset Management, LLC • Lee Munder Capital Group, LLC • Robeco Institutional Asset Management U.S., Inc. Consultants • Castile Ventures • Loomis Sayles & Company • Schroders Investment Management North • Cerberus Capital Management, LP • Mesirow Financial Institutional Real Estate America, Inc. • Coho Partners, Ltd. • MFS Institutional Advisors, Inc. • SEI Trust Corporation • Courtland Partners • Morgan Stanley • Select Equity Group, LP • Entrust Partners, LLC • Pacifc Investment Management Company, LLC • TA Realty • Foundry Group, LLP • Permal Asset Management, Inc. • TerraCap Management • Intercontinental Real Estate Corporation • Pinebridge Investments, LLC • Wellington Management Company, LLP • Invesco Trust Company • Polen Capital Management, LLC • William Blair & Company, LLC • Invesco Private Capital, Inc. • PRIT • WL Ross & Co., LLC • J.F. Lehman & Company

122 | PERAC ANNUAL REPORT 2016 RETIREMENT BOARD INVESTMENT VENDORS MALDEN • De Burlo Group, Inc. Custodian: State Street Bank & Trust

MARBLEHEAD • PRIT

MARLBOROUGH • Clarion Partners • Driehaus Capital Management, LLC • RhumbLine Advisers Custodian: Comerica Bank • Colony Realty Partners • Fiduciary Management, Inc. • Shenkman Capital Management, Inc. Consultant: Meketa Investment • Constitution Capital Partners, LLC • Frontier Capital Management Co., LLC • SL Capital Partners, LLP Group, Inc. • Dimensional Fund Advisors LP • Payden & Rygel • State Street Global Advisors MASSPORT • Aberdeen Asset Management, Inc. • Pzena Investment Management, LLC • Wellington Management Company, LLP Custodian: People’s United Bank • PRIT • State Street Global Advisors Consultant: Wilshire Associates MAYNARD • Boston Advisors, LLC • PRIT • Sequin Partners, LLC Custodian: State Street Bank & Trust MEDFORD • Columbia Management Investment Advisors, LLC • Mellon Capital Management Corporation • Standard Life Investment Custodian: State Street Bank & Trust • Lazard Asset Management, LLC • PRIT • Western Asset Management Company Consultant: New England Pension • Loomis Sayles & Company • RhumbLine Advisers • William Blair & Company, LLC Consultants MELROSE • Ascent Venture Partners • Intercontinental Real Estate Corporation • PRIT • Hunt Investment Management, LLC • Invesco Private Capital, Inc. • TA Realty

METHUEN • BlackRock Investment Management, LLC • PRIT • Sentinel Real Estate Corporation

MIDDLESEX COUNTY • , LLC • Duke Street Capital • Intercontinental Real Estate Corporation Custodian: State Street Bank & Trust • Ascent Venture Partners • Global Forest Partners, LP • Invesco Private Capital, Inc. • Auda Private Equity, LLC • Globespan Capital Management, Inc. • PRIT • Boston Millennia Partners • Hunt Investment Management, LLC • TH Lee Partners

MILFORD • PRIT

MILTON • PRIT

MINUTEMAN REGIONAL • PRIT

MONTAGUE • PRIT

NATICK • Intercontinental Real Estate Corporation • SEI Investments Management Corp. • Sentinel Real Estate Corporation Custodian: People’s United Bank • PRIT • SL Capital Partners, LLP Consultant: Fiduciary Investment Advisors, LLC NEEDHAM • PRIT

NEW BEDFORD • Aberdeen Asset Management, Inc. • Lexington Advisors, Inc. • State Street Global Advisors Limited Custodian: State Street Bank & Trust • Acadian Asset Management, LLC • Loomis Sayles & Company • TA Realty Consultant: Segal Marco Advisors • Blackrock Realty Advisors, Inc. • Mesirow Private Equity Advisors, Inc. • UBS Realty Investors, LLC • Boston Company Asset Management, LLC • Neuberger Berman Management • Wellington Management Company, LLP • Hamilton Lane • Pacifc Investment Management Company, LLC • Westfeld Capital Management Company, LP • Hunt Invesment Management, LLC • SEI Trust Company • Wilton Asset Management, LLC • Invesco Private Capital, Inc.

PERAC ANNUAL REPORT 2016 | 123 RETIREMENT BOARD INVESTMENT VENDORS NEWBURYPORT • PRIT

NEWTON • PRIT

NORFOLK COUNTY • AGF Investments America • Gerding Edlen Investment Management, LLC • Northern Trust Custodian: State Street Bank & Trust • Allianz Global Investors Fund Management, LLC • Globespan Capital Management, Inc. • Preferred Investors Consultant: Wainwright Investment • ArcLight Capital Partners, LLC • Goldentree Asset Management, LP • PRIT Counsel, LLP • Ariel Investments • Halpern, Denny & Company • PRISM Venture Partners • Ascend Ventures Group, LLC • Hamilton Lane • Putnam Investment Management, LLC • Boston Millennia Partners • HarbourVest Partners, LLC • RhumbLine Advisers • Centersquare Investment Management • Hunt Investment Management, LLC • Seizert Capital Partners, LLC Holdings, Inc. • Income Research & Management • Sentinel Real Estate Corporation • Centre Lane Partners, LLC • Intercontinental Real Estate Corporation • Siguler Guff Advisors, LLC • CHL Medical Partners • Invesco Private Capital, Inc. • SL Capital Partners, LLP • Clarion Partners • Lazard Asset Management, LLC • State Street Global Advisors • Coller Investment Management, Ltd. • Lee Munder Capital Group, LLC • TA Realty • Constitution Capital Partners, LLC • LLM Capital Partners • TerraCap Management • Corsair Capital LLC • Loomis, Sayles & Company • Victory Capital Management • D.E. Shaw Investment Management, LLC • Mesirow Capital Partners X, LP • Wellesley Advisors Corporation • Denver Investments • Mesirow Financial Institutional Real Estate • Wellington Management Company, LLP • DSF Group • MFS International Advisors, Inc. • Wells Capital Management, Inc. • EnTrust Partners, LLC • Monitor Venture Management • Wilshire Associates, Inc. • Gamco Asset Management, Inc.

NORTH ADAMS • De Burlo Group, Inc. • PRIT Custodian: State Street Bank & Trust

NORTH ATTLEBORO • AmSouth Bank • Chicago Equity Partners, LLC • Loomis Sayles & Company Custodian: State Street Bank & Trust • Atlanta Capital • Davenport & Company, LLC • RhumbLine Advisers Consultant: Dahab Associates, Inc. • Axiom International Investors, LLC • Herndon Capital Management, LLC • Stewart Capital Advisors, LLC • Blackrock Realty Advisors, Inc. • Intercontinental Real Estate Corporation • Vontobel Asset Management, Inc. • Brandes Investment Partners, LP • Lazard Asset Management, LLC

NORTHAMPTON • De Burlo Group, Inc. • PRIT Custodian: State Street Bank & Trust NORTHBRIDGE • PRIT

NORWOOD • Aberdeen Asset Management, Inc. • Columbia Management Investment Advisors, LLC • Landmark Partners, LLC Custodian: State Street Bank & Trust • American Funds • Constitution Capital Partners • Oaktree Capital Management, LP Consultant: Meketa Investment • Atlanta Capital • Dimensional Fund Advisors, LP • PRIT Group, Inc. • Boston Company Asset Management, LLC • HabourVest Partners, LLC • RhumbLine Advisers

PEABODY • PRIT

PITTSFIELD • Hunt Investment Management, LLC • Sentinel Real Estate Corporation • SL Capital Partners, LLP Consultant: Fiduciary Investment • PRIT Advisors, LLC PLYMOUTH • Acadian Asset Management • Intercontinental Real Estate Corporation • Robeco Institutional Asset Management U.S., Inc. Custodian: People’s United Bank • Babson Capital Management • Invesco Advisors, Inc. • Templeton Investment Counsel Consultant: Fiduciary Investment • Blackrock Kelso Capital Advisors, LLC • Invesco Trust Company • Wellington Management Company, LLP Advisors, LLC • Boston Advisors, LLC • PRIT • Westfeld Capital Management Company, LP • Boston Trust Investment Management, Inc. • Rhumbline Advisers

124 | PERAC ANNUAL REPORT 2016 RETIREMENT BOARD INVESTMENT VENDORS PRIM • 1818 Fund • DivcoWest • Odyssey Investment Partners Custodian: BNY Mellon • 400 Capital Management • Driehaus Capital Management, LLC • Olympus Partners • Acadian Asset Management, LLC • East Lodge Capital • Onex Capital Partners Consultants: Arden Asset Management • Access Capital • Eaton Vance Institutional Funds • OZ Advisors, LP LLC, Callan Associates, Hamilton Lane, • Acon Investments • El Dorado Ventures • Pacifc Alternative Asset Management Co. (PAAMCO) NEPC, Townsend • • Elliot Capital Advisors, LP • Pacifc Investment Management Co. (PIMCO) • AEW Capital Management • Equitable Capital Management Corporation • PAI Europe • AFL-CIO Housing Investment Trust • Essex Woodlands Health Ventures • PanAgora Asset Management, Inc. • Alchemy Partners • Ethos Private Equity • Ventures • Alta Communications • Exponent Private Equity Partners • Pershing Square G.P., LLC • American Securities Capital Partners • Fidelity Management Trust Company • Pictet Asset Management, Inc. • Anchorage Capital, LLC • FIS Group, Inc. • Polaris Venture Partners • Angelo Gordon • First Reserve Corporation • Presima • & Co. • Flagship Ventures • Partners • Apollo Management Co. • Forest Investment Associates • Pzena Investment Management • AQR Capital • Frontier Capital Management • Quad-C Management • Arden Asset Management • Freeman Spogli Equity Partners • Rembrandt Venture Partners • Arrowgrass G.P. Limited • GENSTAR Capital • Riverbridge Partners • Ascent Venture Partners • Gilde Buy Out Partners AG • Rock Creek Group • Ashmore Investment Management, Ltd. • Glenview Capital G.P., LLC • Russell Implementation Source • Asia Pacifc Trust • Goldman Sachs Investment Management • SAIF Partners • Austin Ventures • Gores Capital • Samlyn Partners, LLC • Avenue Capital Group • GSO Capital Partners • SCP Vitalife • Baillie Gifford • GTCR Golder Rauner • SECOR Asset Management • • Harbourvest Partners • Shenkman Capital Management • Battery Ventures • Harding Loevner • Sherbrooke Capital • Belmont Capital Partners • Hellman & Friedman Capital Partners • Sofnnova Ventures, Inc. • Berkshire Partners • H.I.G. Capital Partners • Spark Capital • Blackrock Financial Management, Inc. • Highfelds Associates, LLC • Spectrum Equity Partners • Blackstone Capital Partners • Highland Capital Partners • State Street Global Advisors • Blackstone Group • Hony Capital • Strategic Global Advisors • Boston Ventures • Huber Capital • Steadfast Capital Management LP • Brevan Howard G.P. Limited • Index Ventures • Stone Harbor Investment Partners LP • Bridgepoint Capital Limited • Insight Venture Partners • Strategic Global Advisors • Brigade Capital G.P., LLC • Intercontinental IV • Summit Creek Advisors • Brookfeld Investment Management • InterWest Partners • Summit Ventures • Campbell Group, LLC • Invesco Realty Advisors • SV Life Sciences Advisors • Candover • Investec Asset Management • TA Associates/Advent • Cantab Capital Partners, LP • Joseph Littlejohn & Levy Fund • Taconic Associates, LLC • Canyon Johnson II • J.P. Morgan Investment Management • Technology Crossover Ventures • Capital Resource Lenders • Kelso & Company • Texas Pacifc Group • Capula Management Limited • Kepha Partners • Thoma Bravo • Carlyle Group • Keytone Ventures • Thoma Cressey Partners • Carlyle Partners • King Street Capital Management • Thomas H. Lee Equity Partners, LP • Castille • and Co. • Times Square Capital Management • Catalyst Investors • KPS Capital Partners • Torquest Partners • Centerbridge • Landmark Equity Partners • Towerbrook Capital Partners • Centerbridge Special Credit Partners • LaSalle Investment Management • Trident Capital • CenterSquare Investment Management • LMCG Investments • Trust Company of the West • Charlesbank Capital Partners • Loomis, Sayles & Company • Union Square Ventures • Charles River Ventures • Madison Dearborn Capital Partners • VantagePoint Partners • Charterhouse Group • Marathon — London • Fund of New England • Chequers • M/C Venture Partners • Vestar Capital Partners • City of London Investment Management Co. • Menlo Ventures • Vista Equity Partners • Claren Road Capital, LLC • MFA Partners APA German European Ventures • Voya Financial • Clifton Group • Mondrian Investment Partners Ltd. • Wasatch Advisors Inc. • Code, Hennessey & Simmons • Montagu • Wayzata Investment Partners • Commonwealth Capital Ventures • Montreux Equity Partners • Welsh, Carson, Anderson & Stowe • Community Capital Management • Mudrick Capital Management, LP • Weston Presidio Capital • Crescent Capital Group • Nash & Sells • WestView Capital Partners • Crossroads Group • Nautic Partners • Whitney & Company • CSFB Private Equity (DLJ Merchant Banking Partners) • New Boston Urban Fund I • William Blair Fund, LP • CVC Capital • New Enterprise Associates • Willis Stein • Cypress Merchant Banking Partners • • Winton Capital Management • Davidson Kempner Advisors, Inc. • Oaktree Capital Management • Xenon Private Equity, LTD • Denham Capital Management • York Capital Management

PERAC ANNUAL REPORT 2016 | 125 RETIREMENT BOARD INVESTMENT VENDORS PLYMOUTH COUNTY • ABS Investment Management, LLC • Fisher Investments • Lexington Partners, LP Custodian: State Street Bank & Trust • Aetos Capital, LLC • Franklin Templeton Investment Management • McDonnell Investment Management, LLC Consultant: Meketa Investment Group • AEW Capital Management, LP • Geneva Capital Management, Ltd • Mesirow Financial Capital Partners X, LP • Akina Limited • Global Infrastructure Management, LLC • Mesirow Financial Institutional Real Estate • Ascend Venture Group • Globespan Capital Management, Inc. • New Boston Fund, Inc. • Ascent Venture Partners • HGK Asset Management, Inc. • Prudential Real Estate Investors • Audax Management Company (NY), LLC • Hunt Investment Management, LLC • RhumbLine Advisers • Berkshire Property Advisors, LLC • Income Research & Management • Rohatyn Group • Boston Company Asset Management, LLC • Intercontinental Real Estate Corporation • SEI Trust Company • BTG Pactual Timberland Investment Group • Invesco Trust Company • Siguler Guff Advisers, LLC • Charles River Ventures • J.P. Morgan Investment Management, Inc. • Summit Partners, LP • Denver Investments • KBI Global Investors (North America Ltd.) • THL Credit Advisors, LLC • DN Partners • Landmark Partners, LLC • TimberVest, LLC • DSF Group • Lee Munder Capital Group, LLC • Wellesley Advisors Corporation • Eaton Vance Investment Counsel • Leeds Equity Partners • Wellspring Capital Management, LLC • EnTrust Partners Offshore, LP QUINCY • Aberdeen Asset Management, Inc. • Columbia Management Investment Advisors, LLC • RhumbLine Advisers Custodian: State Street Bank & Trust • Acadian Asset Management, LLC • Copper Rock Capital Partners, LLC • Ridgemont Equity Partners Consultant: Meketa Investment • Adams Street Partners, LLC • Goldman Sachs Asset Management, LP • SL Capital Partners, LLP Group, Inc. • AEW Capital Management, LP • Hancock Timber Resource Group, Inc. • State Street Global Advisors • Beach Point Capital Management, LP • Loomis Sayles & Company • Stone Harbor Investment Partners, LP • Brookfeld Asset Management • Oppenheimer Alternative Investment • TA Realty • Brown Advisory, LLC Management • UBS Realty Investors, LLC • Colony Realty Partners • PRIT READING • PRIT

REVERE • PRIT

SALEM • Ascent Venture Partners • PRIT

SAUGUS • PRIT

SHREWSBURY • PRIT Consultant: Dahab Associates, Inc. SOMERVILLE • Congress Asset Management Company, LLP • Loomis Sayles & Company • UBS Realty Investors, LLC Custodian: Comerica Securities • Lazard Asset Management, LLC • RhumbLine Advisers

SOUTHBRIDGE • PRIT

SPRINGFIELD • Boston Millennia Partners • Crescendo Ventures Management, LLC • PRIT Custodian: PeoplesBank STATE • PRIT

STATE TEACHERS • PRIT

STONEHAM • PRIT • SEI Investments Management Corp. Custodian: SEI Private Trust Company Consultant: Fiduciary Investment Advisors, LLC SWAMPSCOTT • Fred Alger Management, Inc. • North Sky Capital, LLC • Trust and Fiduciary Management Services, Inc. Custodian: People’s United Bank • Intercontinental Real Estate Corporation • PRIT Consultant: Fiduciary Investment Advisors, LLC

126 | PERAC ANNUAL REPORT 2016 RETIREMENT BOARD INVESTMENT VENDORS TAUNTON • BlackRock Investment Management, LLC • Glovista Investments, LLC • Molpus Woodlands Group, LLC Custodian: State Street Bank & Trust • Boston Millennia Partners • Herndon Capital Management, LLC • Polen Capital Management, LLC Consultant: Dahab Associates, Inc. • Brandywine Global Investment Management, LLC • Intercontinental Real Estate Corporation • State Street Global Advisors • Ceres Partners, LLC • Invesco Core Real Estate USA, LP • TimberVest, LLC • C.S. Mckee, LP • Invesco Trust Company • Victory Capital Management • Daruma Capital Management, LLC • Invesco Private Capital, Inc. • Vontobel Asset Management, Inc. • Denver Investments • Long Wharf Real Estate Partners, LLC • Weaver C. Barksdale & Associates • Earnest Partners, LLC • Manulife Asset Management, LLC • Wells Capital Management, Inc. • Frontier Capital Management Co., LLC WAKEFIELD • PRIT

WALTHAM • Ascent Venture Partners • Invesco Private Capital, Inc. • RCP Advisors, LLC Custodian: SEI Private Trust Company • Hunt Investment Management, LLC • Precision Capital Advisors, LLC • SEI Investments Management Corporation Consultant: Fiduciary Investment • Intercontinental Real Estate Corporation • PRIT Advisors, LLC WATERTOWN • Acadian Asset Management, LLC • Guggenheim Partners Investment • PRIT Management, LLC Custodian: State Street Bank & Trust • Arsenal Real Estate Funds, LLC • RCP Advisors, LLC • Income Research & Management Consultant: Fiduciary Investment • Auda Private Equity, LLC • SEI Investments Management Corporation Advisors, LLC • Blackrock Advisors, LLC • Intercontinental Real Estate Corporation • SEI Private Trust Company • Brandywine Global Investment Management, LLC • Lee Munder Capital Group, LLC • SEI Trust Company • Columbia Management Investment Advisors, LLC • Massachusetts Financial Services Company • Wellington Management Company, LLP • Earnest Partners, LLC • New Boston Fund, Inc. WEBSTER • HGK Asset Management Inc. • Loomis Sayles & Company • RhumbLine Advisers Custodian: State Street Bank & Trust • Lee Munder Capital Group, LLC • PRIT • SEI Trust Company Consultant: Wainwright Investment Counsel, LLC WELLESLEY • PRIT

WEST SPRINGFIELD • AmSouth Bank • De Burlo Group, Inc. • PRIT Custodian: Comerica

WESTFIELD • Boston Company Asset Management, LLC • Intercontinental Real Estate Corporation • PRIT • Columbia Management Investment Advisers, LLC • Iridian Asset Management, LLC • RBC Global Asset Management (U.S.), Inc. • Constitution Capital Partners, LLC • Lazard Asset Management, LLC • State Street Global Advisors • Fisher Investments • Long Wharf Real Estate Partners, LLC • TerraCap Management • Hamilton Lane • Loomis Sayles & Company • Wasatch Advisors, Inc. • Income Research & Management • Polaris Capital Management, LLC • Wells Capital Management, Inc.

PERAC ANNUAL REPORT 2016 | 127 RETIREMENT BOARD INVESTMENT VENDORS WEYMOUTH • Aberdeen Asset Management, Inc. • Intercontinental Real Estate Corporation • RhumbLine Advisers Custodian: Comerica • Acadian Assset Management, LLC • Invesco Private Capital, Inc. • RS Investment Management Company, LLC Consultant: Fiduciary Investment • BlackRock Advisors, LLC • Landmark Partners, LLC • Sigular Guff Advisers, LLC Advisors, LLC • Boston Company Asset Management, LLC • Loomis Sayles & Company • State Street Global Advisors • Brandywine Global Investment Management, LLC • OFI Global Institutional, Inc. • Westfeld Capital Management Company, LP • Constitution Capital Partners, LLC • Pioneer Institutional Asset Management Inc. • William Blair & Company, LLC • HarbourVest Partners, LLC • PRIT

WINCHESTER • Guggenheim Real Estate, LLC • State Street Global Advisors • Wellington Management Company, LLP Custodian: State Street Bank & Trust • PRIT

WINTHROP • PRIT

WOBURN • Alliance Bernstein, LP • Invesco Private Capital, Inc. • Stafford Private Equity Inc. Custodian: State Street Bank & Trust • Charlesbank Capital Partners, LLC • Loomis Sayles & Company • State Street Global Advisors Consultant: Wainwright Investment • Earnest Partners, LLC • PRIT • Wilshire Associates, Inc. Counsel, LLC • Hunt Investment Management, LLC • RhumbLine Advisers • Victory Capital Management • Intercontinental Real Estate Corporation

WORCESTER • Acadian Asset Management, LLC • Harvest Partners, LP • Northstar Company, LLC Custodian: State Street Bank & Trust • AEW Capital Management, LP • Heitman Capital Management, LLC • Pacifc Investment Management Company, LLC Consultant: Meketa Investment Group; • American Securities, LLC • IFM Investors (US) Advisor, LLC • Penn Capital Management Company, Inc. Fiduciary Investment Advisors • Ares Management, LLC • Income Research + Management • PRIT • Ascent Venture Partners • Intercontinental Real Estate Corporation • Ridgemont Equity Partners • Boston Millenia Partners • Invesco Core Real Estate USA, LP • Riverside Company • BTG Pactual Timberland Investment Group, LLC • Invesco Private Capital, Inc. • SL Capital Partners, LLP • Capital International, Inc. • Lazard Asset Management, LLC • State Street Global Advisors • apital Partners, LLC • apital Group, LLC Charlesbank C Lee Munder C • TA Associates Management • Dimensional Fund Advisors, LP • Loomis Sayles & Company • Vitruvian Partners, LLP • Global Infrastructure Management, LLC • Newstone Capital Partners, LLC • White Deer Energy • Hancock Natural Resource Group, Inc. • Nichols Asset Management LLC • William Blair & Company, LLC WORCESTER REGIONAL • AEW Capital Management, LP • Intercontinental Real Estate Corporation • SL Capital Partners, LLP • Ascent Venture Partners • PRIT • TA Realty • Hunt Investment Management, LLC

128 | PERAC ANNUAL REPORT 2016