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 • PRIT • RhumbLine Advisers Custodian: State Street Bank & Trust Consultant: Fiduciary Investment Advisors AMESBURY • PRIT ANDOVER • PRIT • RhumbLine Advisers Consultant: Dahab Associates ARLINGTON • PRIT • Wilshire Associates Inc. Custodian: State Street Bank & Trust ATTLEBORO • Boston Advisors, LLC • Hancock Timber Resource Group, Inc. • National Trust Company Custodian: People’s United Bank • BTG Pactual Timberland Investment Group • Intercontinental Real Estate Corp. • PRIT Consultant: Dahab Associates Inc. • Copeland Capital Management • Invesco Core Real Estate USA, LP • RhumbLine Advisers • Fidelity Institutional Asset Management • Invesco National Trust Company • State Street Global Advisors • Frontier Capital Management Co., LLC BARNSTABLE COUNTY • PRIT • UBS Realty Investors, LLC BELMONT • AEW Capital Management, LP • Harbourvest Partners, LLC • PRIT Custodian: People’s United Bank • Atlanta Capital • Loomis Sayles & Company • RhumbLine Advisers Consultant: New England Pension • Carillion Tower Advisors • Pacific Company, LLC • Rothschild Asset Management Inc. Consultants BERKSHIRE COUNTY • PRIT BEVERLY • PRIT BLUE HILLS REGIONAL • PRIT BOSTON (CITY) • 57 Stars, LLC • EnTrust Permal, LLC • Polunin Capital Partners Custodian: State Street Bank & Trust • AEW Capital Management, LP • Federal Street Partners, LLC • Prudential Capital Partners • Alcentra NY, LLC • Fisher Investments • Prudential Real Estate Investors Consultant: New England Pension • Aberdeen Asset Management • GAM, US • RhumbLine Advisers Consultants • Angelo, Gordon & Co., LP • Goldentree Asset Management, LP • Sanderling Ventures • Arclight Capital Partners, LLC • Grosvenor Capital Management, LP • SCP Private Equity Partners • Aristotle Capital Management, LLC • Hamilton Lane • Segall Bryant & Hamill • Arsenal Real Estate Funds, LLC • Hearthstone Inc. • Siguler Guff Advisers, LLC • Ascent Venture Partners • Hunt Commercial Property • SL Capital Partners • Audax Group • Income Research & Management • State Street Global Advisors • Aurora Management Partners • Insight Venture Management • Sterling Venture Partners, LLC • AXA Real Estate Investment Managers Ltd. • Intech • TA Realty • Bernzott Capital Advisors • Intercontinental Real Estate Corp. • TH Lee Putnam Ventures • BlackRock Advisors, LLC • Invesco Core Real Estate USA, LP • Thomas H. Lee Partners, LP • Blackstone Alternative Asset Management Assoc. • J.F. Lehman & Company, Inc. • Thoma Bravo, LLC • Blue Point Capital Partners, LLC • J.P. Morgan Investment Management, Inc. • Thomas Weisel Global Growth Partners, LLC • Boston Millennia Partners • J.W. Childs Associates, LP • Todd Asset Management • Brookfield Asset Management • LaSalle Investment Management, Inc. • Tristan Capital Partners • CCMP Capital Advisors, LLC • Lazard Asset Management, LLC • Vanguard Venture Partners, LLC • Carlyle Realty Partners • Lexington Partners, LP • Vontobel Asset Management, Inc. • Centersquare Investment Management Holdings, Inc. • Loomis Sayles & Company • W Capital Partners • Columbia Management Investment Advisors, LLC • Mesirow Advanced Strategies, Inc. • Wells Capital Management, Inc. • Commonwealth Capital Ventures • Mesirow Financial Investment Management, Inc. • Western Technology • Courtland Partners • MPM Capital, LP • Westfield Capital Management Company, LP • Crescent Capital Group, LP • NGP Energy Capital Management, LLC • Westport Capital Partners, LLC • DDJ Capital Management • Oaktree Capital Management, LP • Z Capital Partners, LLC • D.E. Shaw Investment Management, LLC • PanAgora Asset Management, Inc. • Zevenbergen Capital Investments, LLC • DRC Capital, LLP • Pearlmark Investment Advisors, LLC • Dune Capital Management, LP • Perella Weinberg Partners Capital Management, LP • Energy Spectrum Partners

PERAC ANNUAL REPORT 2018 | 121 RETIREMENT BOARD INVESTMENT VENDORS BOSTON TEACHERS • PRIT

BRAINTREE • Lexington Partners, LP • PRIT • SEI Investments Management Corporation Custodian: SEI Private Trust Company

BRISTOL COUNTY • Aberdeen Asset Management • Frontier Capital Management Co., LLC • Mesirow Financial Private Equity Advisors, Inc. Custodian: People’s United Bank • Arrowstreet Capital, LP • GCM Customized Fund Investment Group • New Boston Fund, Inc. Consultant: Segal Marco Advisors • Ashmore Investment Advisors, Ltd. • Hunt Investment Management, LLC • Pacific Investment Management Company, LLC • BlackRock Investment Management, LLC • IFM Investors (US) Advisor • Polaris Capital Management, LLC • Brookfield Timberlands Management, LP • Income Research & Management • PRIT • CB Richard Ellis Group, Inc. • Intech • RBC Global Asset Management (U.S.), Inc. • Clearbridge Investments • Intercontinental Real Estate Corp. • Rice Hall James & Associates, LLC • Colchester Global Investors • Invesco Advisers, Inc. • RREEF Management, LLC • Columbia Management Investment Advisers, LLC • Lazard Asset Management, LLC • Stone Harbor Investment Partners • DN Partners • LSV Asset Management • TerraCap Management, LLC • Dupont Capital Management • Lyrical Asset Management, LP • Timberland Investment Resources, LLC • Earnest Partners, LLC • Massachusetts Financial Services Company • WL Ross & Co., LLC • Fiera Capital Inc. BROCKTON • Aberdeen Asset Management • HealthPoint, LLC • Oppenheimer Custodian: SEI Private Trust Company • Arsenal Real Estate Partners • Hunt Investment Management, LLC Management Consultant: Fiduciary Investment • Ascent Venture Partners • Invesco Private Capital • SEI Investments Management Corp. Advisors • Boston Capital Ventures • Landmark Partners, LLC • Siguler Guff Advisers, LLC • Charlesbank Capital Partners, LLC • Mesirow Financial Investment Management , Inc. BROOKLINE • AEW Capital Management, LP • Invesco Private Capital, Inc. • Russell Investment Group • Hancock Timber Resource Group, Inc. • Lexington Partners, LP • Sustainable Woodlands Partners, LLC • HarbourVest Partners, LLC • PRIT CAMBRIDGE • Aberdeen Asset Management • IFM Investors (US) Advisor • Polaris Capital Management, LLC Custodian: People’s United Bank • AEW Capital Management, LP • Income Research & Management • PRIT Consultant: Segal Marco Advisors • Ascent Venture Partners • Intercontinental Real Estate Corp. • RBC Global Asset Management (U.S.), Inc. • BlackRock Investment Management, LLC • J.P. Morgan Investment Management • RhumbLine Advisers • Brandywine Global Investment Management, LLC • Landmark Partners, LLC • Rockwood Capital, LLC • Campbell Global LLC • Lazard Asset Management, LLC • State Street Global Advisors • Fidelity Institutional Asset Management • Lexington Partners, LP • UBS Realty Advisors, LLC • Hamilton Lane • Loomis Sayles & Co. • WEDGE Capital Management, LLP • Hancock Natural Resource Group, Inc. • Penn Square Global Real Estate Group, LLC • 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 Consultant: Fiduciary Investment Advisors DANVERS • Barings, LLC • Hillswick Asset Management • RhumbLine Advisers Custodian: People’s United Bank • BMO Asset Management Corporation • Lyrical Asset Management • TA Realty Consultant: Graystone Consulting • Equus Capital Partners, Ltd. • PRIT • TWIN Capital Management • Gerber-Taylor Management Company

122 | PERAC ANNUAL REPORT 2018 RETIREMENT BOARD INVESTMENT VENDORS

DEDHAM • PRIT

DUKES COUNTY • Atlanta Capital • Polen Capital Management, LLC • Vanguard Custodian: People’s United Bank • Garcia Hamilton & Associates LP • PRIT Consultant: Dahab Associates, Inc. EASTHAMPTON • PRIT

ESSEX COUNTY • Ascent Venture Partners • Intercontinental Real Estate Corp. • Principal Real Estate Investors, LLC • BlackRock Investment Management, LLC • Levine Leichtman Capital Partners, Inc.. • TA Realty • Boston Millennia Partners • PRIT EVERETT • PRIT

FAIRHAVEN • PRIT

FALL RIVER • PRIT • SL Capital Partners, LLP

FALMOUTH • Dimensional Fund Advisors, LP • LMCG Investments, LLC • RhumbLine Advisers Custodian: People’s United Bank • Earnest Partners, LLC • Mesirow Financial Private Equity Advisors, Inc. • SEI Trust Company Consultant: Wainwright Investment • Hamilton Lane • Metropolitan Real Estate Equity Management, LLC • Seizert Capital Partners, LLC Counsel, LLC • HGK Asset Management, Inc. • PRIT • Siguler Guff Advisers, LLC • Lexington Partners, LP • Prinicipal Real Estate Investors, LLC • State Street Global Advisors FITCHBURG • PRIT • TA Realty

FRAMINGHAM • PRIT

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

GLOUCESTER • PRIT

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

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

PERAC ANNUAL REPORT 2018 | 123 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 • The DSF Group • GrandBanks Capital • Putnam Advisory Company, LLC • income research & Management • RhumbLine Advisers

HINGHAM • PRIT Consultant: Meketa Investment Group HOLYOKE • Aberdeen Asset Management • Industry Capital Advisors—Berkley Partners • Putnam Investment Management, LLC Consultant: Segal Marco Advisors • Acadian Asset Management, LLC • LMCG Investments • RBC Global Asset Management (U.S.) Inc. • Algert Global • Long Wharf Real Estate Partners, LLC • Seizert Capital Partners, LLC • American Realty Advisors • Mesirow Financial Private Equity Advisors, Inc. • State Street Global Advisors • Aristotle Capital Management • Monroe Capital • TerraCap Management • Boston Company Asset Management, LLC • Oberweis Asset Management, Inc. • Wasatch Advisors, Inc. • Brandywine Global Investment Management, LLC • Polaris Capital Management, LLC • Wells Capital Management, Inc. • Constitution Capital Partners, LLC • PRIT • Wisdom Tree Asset Management Inc. • Fidelity Institutional Asset Management 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 • Kayne Anderson Rudnick Investment Management • RhumbLine Advisers Custodian: State Street Bank & Trust • Beacon Capital Partners, LLC • Loomis Sayles & Company • Wellington Management Company, LLP Consultant: Meketa Investment • • Matthews International Capital Management, LLC • White Oak Global Advisors, LLC Group, Inc. • Fiduciary Management, Inc. • Monroe Capital • William Blair & Company, LLC • Golub Capital Partners • PRIT LOWELL • Ascent Venture Partners • Charles River Ventures • PRIT Custodian: People’s United Bank • Boston Millennia Partners • Intercontinental Real Estate Corporation • Sentinel Real Estate Corporation LYNN • Ascent Venture Partners • BlackRock Realty Advisors, Inc. • PRIT • BlackRock Investment Management, LLC • Hunt Investment Management, LLC 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 MHFA • Aberdeen Asset Management • Asset Management, LP • LMCG Investments, LLC Custodian: State Street Bank & Trust • AEW Capital Management, LP • HarbourVest Partners, LLC • Logan Circle Partners, LP Consultant: Meketa Investment • Angelo Gordon • IFM Investors Advisor • Longfellow Investment Management Group, Inc. • Ascent Venture Partners • Intercontinental Real Estate Corporation • State Street Global Advisors • Columbia Management Investment Advisers, LLC • KBI Global Investors (North America) Ltd. • TA Realty • Constitution Capital Partners, LLC • Victoria Capital Management • Dimensional Fund Advisors, LP MASSPORT • Aberdeen Asset Management, Inc. • PRIT • State Street Global Advisors Custodian: People’s United Bank • Baillie Gifford Overseas Limited • Pzena Investment Management, LLC • Wellington Management Company, LLP Consultant: Wilshire Associates

124 | PERAC ANNUAL REPORT 2018 RETIREMENT BOARD INVESTMENT VENDORS MTRS (Mass Teachers’ • PRIT Retirement System) MWRA • Alcentra NY, LLC • Invesco Trust Company • PRIT Custodian: People’s United Bank • Ascent Venture Partners • Invesco Private Capital, Inc. • Private Advisors, LLC Consultant: New England Pension • Boston Capital Ventures • J.F. Lehman & Company • RhumbLine Advisers Consultants • Boston Company Asset Management, LLC • Kayne Anderson Capital Advisors, LP • Investment Management North • Boston Partners • Landmark Partners, LLC America, Inc. • CarVal Investors • Lee Munder Capital Group, LLC • SEI Trust Corporation • Castile Ventures • Loomis Sayles & Company • Select Equity Group, LP • Cerberus Capital Management, LP • Lord, Abbett & Co. LLC • TA Realty • Coho Partners, Ltd. • Morgan Stanley • TerraCap Management • Constitution Capital Partners LLC • Pacific Investment Management Company, LLC • UBS Fund Solutions, LLC • Corbin Capital Partners LP • Park Square Capital • Wellington Management Company, LLP • Courtland Partners • Pinebridge Investments, LLC • William Blair & Company, LLC • Entrust Permal. LLC • Polen Capital Management, LLC • WL Ross & Co., LLC • Foundry Group, LLP • Garcia Hamilton & Associates LP MAYNARD • Boston Advisors, LLC • PRIT • Sequin Partners, LLC Custodian: State Street Bank & Trust MEDFORD • City of London Investment Management • Loomis Sayles & Company • Standard Life Investment Custodian: People’s United Bank • Columbia Management Investment Advisors, LLC • PRIT • Western Asset Management Company Consultant: New England Pension • Garcia Hamilton • RhumbLine Advisers • William Blair & Company, LLC Consultants • Lazard Asset Management, LLC MELROSE • Ascent Venture Partners • Invesco Private Capital, Inc. • PRIT • Hunt Investment Management, LLC METHUEN • BlackRock Investment Management, LLC • PRIT

MIDDLESEX COUNTY • Ares Management, LLC • Boston Millennia Partners • Hunt Investment Management, LLC Custodian: State Street Bank & Trust • Ascent Venture Partners • Global Forest Partners, LP • North Atlantic Venture Fund • Auda Private Equity, LLC • Globespan Capital Management, Inc. • PRIT MILFORD • PRIT

MILTON • PRIT

MINUTEMAN REGIONAL • PRIT

MONTAGUE • PRIT

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

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

PERAC ANNUAL REPORT 2018 | 125 RETIREMENT BOARD INVESTMENT VENDORS NEWBURYPORT • PRIT

NEWTON • PRIT

NORFOLK COUNTY • Fund Management, LLC • Gerding Edlen Investment Management, LLC • Monitor Venture Management Custodian: State Street Bank & Trust • ArcLight Capital Partners, LLC • Globespan Capital Management, Inc. • Consultant: Wainwright Investment • Ariel Investments • Goldentree Asset Management, LP • Preferred Investors Counsel, LLP • Ascend Ventures Group, LLC • Halpern Denny • PRIT • Boston Millennia Partners • Hamilton Lane • PRISM Venture Partners • Centersquare Investment Management • HarbourVest Partners, LLC • RhumbLine Advisers Holdings, Inc. • Hunt Investment Management, LLC • Seizert Capital Partners, LLC • Centre Lane Partners, LLC • Income Research & Management • Siguler Guff Advisors, LLC • CHL Medical Partners • Intercontinental Real Estate Corporation • SL Capital Partners, LLP • Clarion Partners • Invesco Private Capital, Inc. • State Street Global Advisors • Coller Investments • Lazard Asset Management, LLC • TerraCap Management • Constitution Capital Partners, LLC • LLM Capital Partners • Victory Capital Management • Corsair Capital LLC • LMCG Investments • Wellesley Advisors Corporation • D.E. Shaw Investment Management, LLC • Loomis, Sayles & Company • Wellington Management Company, LLP • DSF Group • Mesirow Capital Partners IX, LP • Wilshire Associates, Inc. • EnTrust Partners, LLC • Mesirow Financial Institutional Real Estate • Windmill Investments • Gamco Asset Management, Inc. • MFS International Advisors, Inc. NORTH ADAMS • De Burlo Group, Inc. • PRIT Custodian: People’s United Bank

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

NORTHAMPTON • De Burlo Group, Inc. • PRIT Custodian: People’s United Bank NORTHBRIDGE • PRIT

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

PITTSFIELD • Hunt Investment Management, LLC • PRIT • SL Capital Partners, LLP

PLYMOUTH • Acadian Asset Management • Columbia Management Investment Advisers • Robeco Institutional Asset Management Inc. Custodian: People’s United Bank • Babson Capital Management • Invesco Trust Company • Templeton Investment Counsel Consultant: Fiduciary Investment • BlackRock Advisors, LLC • PRIT • Wellington Management Company, LLP Advisors, LLC • Boston Advisors, LLC • Rhumbline Advisers • Westfield Capital Management Company, LP • Boston Trust Investment Management, Inc.

126 | PERAC ANNUAL REPORT 2018 RETIREMENT BOARD INVESTMENTINVESTMENT VENDORSVENDORS BOARDPLYMOUTH COUNTY • ABS Investment Management, LLC • EnTrust Partners Offshore, LP • Mesirow Financial Capital Partners IX, LP Custodian:Custodian: State Street Bank & Trust • AEW Capital Management, LP • Fisher Investments • Mesirow Financial Institutional Real Estate Consultant:Consultant: Meketa Investment Group • Akina Limited • First Eagle Investment Management • Multi Employer Property Trust • Ascend Venture Group • Franklin Templeton Investment Management • Munder Capital Management BOARD • Ascent Venture Partners • Global Infrastructure Management, LLC • New Boston Fund, Inc. Custodian: • Audax Management Company (NY), LLC • Globespan Capital Management, Inc. • Old Farm Partnership Consultant: • Basalt Infrastructure Partners • HGK Asset Management, Inc. • Prudential Real Estate Investors BOARD • Berkshire Property Advisors, LLC • Hunt Investment Management, LLC • RhumbLine Advisers  Custodian: • Boston Company Asset Management, LLC • IFM Investors Advisor • Rohatyn Group Consultant: • BTG Pactual Timberland Investment Group • Income Research & Management • SEI Trust Company BOARD • Carlyle Investment Management • Invesco Trust Company • Siguler Guff Advisers, LLC Custodian: • Charles River Ventures • J.P. Morgan Investment Management, Inc. • Summit Partners, LP Consultant: • Constitution Capital Partners, LLC • KBI Global Investors (North America Ltd.) • TA Realty BOARD • Copper Rock Capital Partners • Kopernik Global Investors • THL Credit Advisors, LLC Custodian: • Denver Investments • Landmark Partners, LLC • TimberVest, LLC • DN Partners • Leeds Equity Partner • Trilantic Capital Management L.P. Consultant: • DSF Group • Lexington Partners, LP • Wellesley Advisors Corporation BOARD • Eaton Vance Investment Counsel • LLR Management • Wellington Management Custodian: • LMCG Investments • Wellspring Capital Management, LLC Consultant: QUINCY • Aberdeen Asset Management, Inc. • Goldman Sachs Asset Management, LP • Ridgemont Equity Partners BOARDCustodian: State Street Bank & Trust • Acadian Asset Management, LLC • Hancock Timber Resource Group, Inc. • Rockwood Capital Custodian: Consultant: Meketa Investment • Adams Street Partners, LLC • IFM Investors Advisor • SL Capital Partners, LLP Consultant:Group, Inc. • AEW Capital Management, LP • J.P. Morgan Investment Management • State Street Global Advisors • Beach Point Capital Management, LP • LLR Management • Stone Harbor Investment Partners, LP • Brookfield Asset Management • Loomis Sayles & Company • TA Realty • Brown Advisory, LLC • Oppenheimer Alternative Investment • Trilantic Capital Management L.P. • Colony Realty Partners Management • UBS Realty Investors, LLC • Columbia Management Investment Advisors, LLC • PRIT • Wellspring Capital Management • Copper Rock Capital Partners, LLC • RhumbLine Advisers 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 • RhumbLine Advisers Custodian: Comerica Securities • Lazard Asset Management, LLC • PRIT • UBS Realty Investors, LLC

SOUTHBRIDGE • PRIT

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

STONEHAM • PRIT • SEI Investments Management Corp. Custodian: SEI Private Trust Company Consultant: Fiduciary Investment Advisors, LLC

PERAC ANNUAL REPORT 2018 | 127 RETIREMENT BOARD INVESTMENT VENDORS SWAMPSCOTTBOARD • Aristotle Capital Management, LLC • LMCG Investments, LLC • PRIT Custodian: People’s United Bank • Intercontinental Real Estate Corporation • North Sky Capital, LLC Consultant: Dahab Associates BOARD • Aberdeen Asset Management • Glovista Investments, LLC • Quantitative Management Association TAUNTONCustodian: Custodian: People’s United Bank • BlackRock Investment Management, LLC • Intercontinental Real Estate Corporation • Segall Bryant & Hamill Consultant: Consultant: Dahab Associates, Inc. • Boston Millennia Partners • Invesco Core Real Estate USA, LP • Systemic Financial Management BOARD • Brandywine Global Investment Management, LLC • Invesco Trust Company • State Street Global Advisors Custodian: • Ceres Partners, LLC • Invesco Private Capital, Inc. • TimberVest, LLC Consultant: • C.S. Mckee, LP • LMCG Investments, LLC • Vontobel Asset Management, Inc. BOARD • Earnest Partners, LLC • Asset Management, LLC • Weaver C. Barksdale & Associates Custodian: • Frontier Capital Management Co., LLC • Molpus Woodlands Group, LLC • Wells Capital Management, Inc. Consultant: • GAM International Management Limited • Polen Capital Management, LLC WAKEFIELDBOARD • PRIT Custodian: Consultant: WALTHAMBOARD • Ascent Venture Partners • Precision Capital Advisors, LLC • RCP Advisors, LLC  • Hunt Investment Management, LLC • PRIT • SEI Investments Management Corporation Custodian: SEI Private Trust Company  • Invesco Private Capital, Inc. • VSS Messanine Partners Consultant: Fiduciary Investment Advisors, LLC BOARD WATERTOWN • Acadian Asset Management, LLC • Earnest Partners, LLC • RCP Advisors, LLC Custodian: Custodian: State Street Bank & Trust • American Realty Advisors • Eaton Vance Management • SEI Trust Company Consultant: Consultant: Fiduciary Investment • Arsenal Real Estate Funds, LLC • Guggenheim Partners • TA Realty Advisors, LLC • Auda Private Equity, LLC • Income Research & Management • TerraCap Management, LLC • Brandywine Global Investment Management, LLC • Lee Munder Capital Group, LLC • Wellington Management Company, LLP • Columbia Management Investment Advisors, LLC • Massachusetts Financial Services Company • PRIT WEBSTER • HGK Asset Management Inc. • Loomis Sayles & Company • RhumbLine Advisers Custodian: People’s United Bank • Lee Munder Capital Group, LLC • PRIT • SEI Trust Company Consultant: Wainwright Investment • LMCG Investments Counsel, LLC WELLESLEY • PRIT

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

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

128 | PERAC ANNUAL REPORT 2018 RETIREMENT BOARD INVESTMENTINVESTMENT VENDORSVENDORS WEYMOUTHBOARD • Aberdeen Asset Management, Inc. • HarbourVest Partners, LLC • PRIT Custodian:Custodian: Comerica • Acadian Assset Management, LLC • Intercontinental Real Estate Corporation • RhumbLine Advisers Consultant:Consultant: Fiduciary Investment • Adams Street Partners • Invesco Private Capital, Inc. • RS Investment Management Company, LLC Advisors, LLC BOARD • Ashmore Investment Advisors • Landmark Partners, LLC • Sigular Guff Advisers, LLC • BlackRock Advisors, LLC • Loomis Sayles & Company • State Street Global Advisors Custodian: • Boston Company Asset Management, LLC • OFI Global Institutional, Inc. • Stockbridge Core and Value Advisors Consultant: • Brandywine Global Investment Management, LLC • Principal Global Investors LLC • TerraCap Management, LLC BOARD • Constitution Capital Partners, LLC • Pioneer Institutional Asset Management Inc. • Wasatch Advisors Custodian: • Harbor Capital Advisors Inc. Consultant: WINCHESTER • Guggenheim Partners • Wellington Management Company, LLP BOARDCustodian: State Street Bank & Trust • PRIT Custodian: WINTHROPConsultant: • PRIT BOARD Custodian: WOBURNConsultant: • Alliance Bernstein, LP • Invesco Private Capital, Inc. • Stafford Private Equity Inc. BOARDCustodian: State Street Bank & Trust • Charlesbank Capital Partners, LLC • Loomis Sayles & Company • State Street Global Advisors • Earnest Partners, LLC • PRIT • Wilshire Associates, Inc. Consultant:Custodian: Wainwright Investment Counsel, LLC • Hunt Investments, LLC • RhumbLine Advisers • Victory Capital Management Consultant: WORCESTERBOARD • Acadian Asset Management, LLC • Hancock Natural Resource Group, Inc. • PRIT Custodian:Custodian: State Street Bank & Trust • AEW Capital Management, LP • Harvest Partners, LP • Ridgemont Equity Partners Consultant:Consultant: Meketa Investment Group • American Securities, LLC • IFM Investors (US) Advisor, LLC • Riverside Company • Ascent Venture Partners • income research & Management • SL Capital Partners, LLP • Boston Capital Ventures • Invesco Private Capital, Inc. • State Street Global Advisors • Boston Millenia Partners • Lazard Asset Management, LLC • TA Associates Management • BTG Pactual Timberland Investment Group, LLC • Lee Munder Capital Group, LLC • Vitruvian Partners, LLP • Capital International, Inc. • Loomis Sayles & Company • White Deer Energy • Charlesbank Capital Partners, LLC • Newstone Capital Partners, LLC • William Blair & Company, LLC • Global Infrastructure Management, LLC • Northstar Company, LLC

WORCESTER REGIONAL • AEW Capital Management, LP • Hunt Investments, LLC • SL Capital • Ascent Venture Partners • PRIT

PERAC ANNUAL REPORT 2018 | 129 RETIREMENT BOARD INVESTMENT VENDORS PRIMBOARD • 400 Capital Management • DLJ Merchant Banking Partners • New Enterprise Associates • Acadian Asset Management, LLC • Driehaus Capital Management, LLC • Nordic Capital Custodian: BNY Mellon • Access Capital • East Lodge Capital • Oaktree Capital Management Consultants: Aberdeen Asset Consultant: • Acon Investments • Eaton Vance Institutional Funds • Odyssey Investment Partners Management, Callan Associates, • Advent International • El Dorado Ventures • Olympus Partners BOARDHamilton Lane, NEPC, Townsend Custodian: • AEW Capital Management • Elliot Capital Advisors, LP • Onex Capital Partners • AFL-CIO Housing • Equitable Capital Management Corporation • OZ Advisors, LP Consultant: • AgIS Capital, LLC • Essex Woodlands Health Ventures • Pacific Alternative Asset Management Co. (PAAMCO) BOARD • Alchemy Partners • Ethos Private Equity • Pacific Investment Management Co. (PIMCO) Custodian: • Alta Communications • Exponent Private Equity Partners • PAI Europe • American Securities Capital Partners • Fidelity Management Trust Company • PanAgora Asset Management, Inc. Consultant: • Anchorage Capital, LLC • FIS Group, Inc. • Permira Ventures BOARD • Angelo Gordon • First Reserve Corporation • Pershing Square G.P., LLC Custodian: • APAX Partners & Co. • Flagship Ventures • Pictet Asset Management, Inc. • Apollo Management Co. • Forest Investment Associates • Polaris Venture Partners Consultant: • AQR Capital • Frontier Capital Management • Providence Equity Partners BOARD • Arden Asset Management • Freeman Spogli Equity Partners • Pzena Investment Management Custodian: • Ascent Venture Partners • GENSTAR Capital • Quantum Energy Partners Consultant: • Ashmore Investment Management, Ltd. • Gilde Buy Out Partners AG • Quad-C Management • Austin Ventures • Goldman Sachs Investment Management • Rembrandt Venture Partners BOARD • Avenue Capital Group • Gores Capital • Rhone Group, LLC Custodian: • Baillie Gifford • GSO Capital Partners • Riverbridge Partners Consultant: • Bain Capital • GTCR Golder Rauner • Russell Implementation Source • Battery Ventures • Harding Loevner • SAIF Partners BOARD • Berkshire Partners • Hellman & Friedman Capital Partners • SCP Vitalife Custodian: • Blackrock Financial Management, Inc. • H.I.G. Capital Partners • SECOR Asset Management Consultant: • Blackstone Capital Partners • Highfields Associates, LLC • Shenkman Capital Management • Boston Ventures • Highland Capital Partners • Sherbrooke Capital • Brandywine Global Investment Management • Hony Capital • Sofinnova Ventures, Inc. • Bridgepoint Capital Limited • Index Ventures • Spark Capital • Brigade Capital G.P., LLC • Informed Portfolio Management • Spectrum Equity Partners • Brookfield Investment Management • Insight Venture Partners • State Street Global Advisors • Campbell Group, LLC • Institutional Venture Partners • Steadfast Capital Management LP • Candover • Intercontinental IV • Stone Harbor Investment Partners LP • Cantab Capital Partners, LP • InterWest Partners • Summit Creek Advisors • Canvas Capital • Invesco Realty Advisors • Summit Ventures • Canyon Johnson II • Investec Asset Management • SV Life Sciences Advisors • Capula Management Limited • JEN Partners • TA Associates/Advent • Carlyle Group • Kainos Capital, LLC • Technology Crossover Ventures • Carlyle Partners • Kelso & Company • Texas Pacific Group • Castille • Kepha Partners • Thoma Bravo • Catalyst Investors • Keytone Ventures • Thoma Cressey Partners • Centerbridge • Kohlberg Kravis Roberts and Co. • Thomas H. Lee Equity Partners, LP • Centerbridge Special Credit Partners • KPS Capital Partners • Torquest Partners • CenterSquare Investment Management • Land and Buildings Investment Management • Towerbrook Capital Partners • Charlesbank Capital Partners • Landmark Equity Partners • Trident Capital • Charles River Ventures • LaSalle Investment Management • Trust Company of the West (TCW) • Charterhouse Group • Loomis, Sayles & Company • Union Square Ventures • Chequers • Lord Abbett • VantagePoint Partners • City of London Investment Management Co. • Lovell Minnick Partners • Vestar Capital Partners • Clifton Group • Madison Dearborn Capital Partners • Vista Equity Partners • Code, Hennessey & Simmons • Marathon — London • Voya Financial • Commonwealth Capital Ventures • M/C Venture Partners • Wasatch Advisors Inc. • Community Capital Management • Medixi Ventures • Wayzata Investment Partners • Complus Asset Management Limited • Menlo Ventures • Welsh, Carson, Anderson & Stowe • Contrarian Capital • Mondrian Investment Partners Ltd. • Weston Presidio Capital • Crescent Capital Group • Montagu • WestView Capital Partners • CVC Capital • Montreux Equity Partners • Whitney & Company • Cypress Merchant Banking Partners • Mudrick Capital Management, LP • Willis Stein • Davidson Kempner Advisors, Inc. • Nautic Partners • Winton Capital Management • Denham Capital Management • New Boston Urban Fund I • Xenon Private Equity, LTD • DivcoWest

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