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 • American Funds • Europacifc Growth Fund • Granite Investment Advisors Custodian: State Street Bank & Trust AMESBURY • PRIT
ANDOVER • PRIT
ARLINGTON • PRIT • Wilshire Associates Inc. Custodian: State Street Bank & Trust ATHOL • PRIT
ATTLEBORO • Boston Advisors, LLC • Invesco Core Real Estate USA, LP • Rhumbline Advisers Custodian: State Street Bank & Trust • Daruma Capital Management, LLC • Invesco National Trust Company • RMK Global Timberland Group Consultant: Dahab Associates Inc. • Frontier Capital Management Co., LLC • Orleans Capital Management Corp. • State Street Global Advisors • Hancock Natural Resource Group, Inc. • PRIT • Wells Capital Management Inc. • Herndon Capital Management, LLC • Pyramis Global Advisors, LLC BARNSTABLE COUNTY • Intercontinental Capital Management, LLC • PRIT • UBS Realty Investors, LLC
BELMONT • AEW Capital Management, LP • Harbourvest Partners, LLC • PRIT Custodian: State Street Bank & Trust • Aberdeen Asset Management, Inc. • Loomis Sayles & Company • Rothschild Asset Management Inc. Consultant: New England Pension • Atlanta Capital • Mondrian Investment Partners Limited • Scout Capital Management, LLC Consultants • Delaware Capital Management Advisers, Inc. • Pacifc Investment Management Company, LLC
BERKSHIRE COUNTY • PRIT
BEVERLY • PRIT
BLUE HILLS REGIONAL • PRIT
BOSTON (CITY) • AEW Capital Management, LP • Entrust Partners, LLC • Mesirow Financial Investment Management, Inc. Custodian: State Street Bank & Trust • Alliance Corporate Finance Group, Inc. • Evercore Advisors, LLC • Monitor Clipper Partners Consultant: New England Pension • Angelo, Gordon & Co., LP • Fisher Investments • MPM Capital, LP Consultants • Arsenal Real Estate Partners • Fort Hill Investment Advisors, LP • New England Partners • Ascent Venture Partners • Fountain Capital Management, LLC • Oaktree Capital Management, LP • Audax Group • GAM USA, Inc. • Panagora Asset Management, Inc. • Blue Point Capital Partners, LLC • Goldentree Asset Management, LP • Pearlmark Investment Advisors, LLC • Boston Company Asset Management, LLC (The) • Grosvenor Capital Management, LP • Perella Weinberg Partners Capital Management, LP • Boston Millennia Partners • Hearthstone Inc. • Permal Asset Management, Inc. • Brookfeld Asset Management Pic Us, LLC • Intech • Polunin Capital Partners • Columbia Asset Management • Invesco Core Real Estate USA, LP • Prudential Capital Partners CCMP Capital Advisors, LLC Ivy Asset Management Corporation • • • RhumbLine Advisers • Centersquare Investment Management Holdings, Inc. • J.F. Lehman & Company, Inc. • Richmond Capital Management, Inc. • Columbia Management Investment Advisors, LLC • J.P. Morgan Investment Management, Inc. • Sanderling Ventures • Commonwealth Capital Ventures • J.W. Childs Associates, LP • SCP Private Equity Partners • Crescent Capital Group, LP • LaSalle Investment Management, Inc. • Siguler Guff Advisers, LLC • D.E. Shaw Investment Management, LLC • Lazard Asset Management, LLC Standard Life Investments (USA) Limited • DRC Capital, LLP • Lexington Advisors, Inc. • • Dune Capital Management, LP • Loomis Sayles & Company • State Street Global Advisors • Energy Spectrum Partners • Mesirow Advanced Strategies, Inc.
PERAC ANNUAL REPORT 2013 | 121 RETIREMENT BOARD INVESTMENT VENDORS BOSTON (CITY) • Sterling Venture Partners, LLC • TRECAP Partners • Western Technology Custodian: State Street Bank & Trust • TA Associates Realty • Vanguard Venture Partners, LLC • Westfeld Capital Management Company, LP Consultant: New England Pension • TH Lee Putnam Ventures • Vontobel Asset Management, Inc. • Westport Capital Partners, LLC Consultants • Thomas H. Lee Partners, LP • W Capital Partners • Z Capital Partners, LLC • Thomas Weisel Global Growth Partners, LLC • Wells Capital Management, Inc. • Zevenbergen Capital Investments, LLC
BOSTON TEACHERS • PRIT
BRAINTREE • Acadian Asset Management, LLC • Loomis Sayles & Company • PRIT Custodian: State Street Bank & Trust • Boston Company Asset Management, LLC (The) • Massachusetts Financial Services Company • State Street Global Advisors Consultant: New England Pension • Lexington Advisors, Inc. • Pictet Asset Management Consultants BRISTOL COUNTY • Alliance Corporate Finance Group, Inc. • Hancock Natural Resource Group, Inc. • PRIT Custodian: State Street Bank & Trust • Arrowstreet Capital, LP • Hunt Investment Management, LLC • RBC Global Asset Management (U.S.), Inc. Consultant: Segal Rogerscasey • BlackRock Investment Management, LLC • Income Research & Management • Rice Investment Advisory Services, Inc. • Brookfeld Timberlands Management, LP • Intech • RREEF Management, LLC • CB Richard Ellis Group, Inc. • Lazard Asset Management, LLC • SEI Investments Management Corp. • Charles River Ventures • LSV Asset Management • Senior Tour Players, LLC • Colchester Global Investors • Lyrical Asset Management, LP • State Street Global Advisors • Columbia Management Investment Advisers, LLC • Massachusetts Financial Services Company • TA Associates Realty • Delaware Capital Management Advisors, Inc. • Mesirow Financial Private Equity Advisors, Inc. • Timberland Investment Resources, LLC • DN Partners • New Boston Fund, Inc. • Trust and Fiduciary Management Services, Inc. • Dupont Capital Management • Pacifc Investment Management Company, LLC • WL Ross & Co., LLC • Earnest Partners, LLC
BROCKTON • Acadian Asset Management, LLC • HealthPoint, LLC • New England Capital Partners Custodian: State Street Bank & Trust • Arsenal Real Estate Partners • ICC Capital Management, Inc. • Oppenheimer Alternative Investment Management Consultant: New England Pension • Ascent Venture Partners • Intercontinental Capital Management, LLC Consultants • Boston Capital Ventures • Invesco Private Capital, Inc. • Pacifc Investment Management Company, LLC • Boston Company Asset Management, LLC (The) • Landmark Partners, LLC • RBC Global Asset Management (U.S.), Inc. • Brandywine Global Investment Management, LLC • Lazard Asset Management, LLC • SEI Investments Management Corp. • Charlesbank Capital Partners, LLC • Levine Leichtman Capital Partners, Inc. • Siguler Guff Advisers, LLC • D.E. Shaw Investment Management , LLC • Loomis, Sayles & Company • State Street Global Advisors • Delaware Capital Management Advisers, Inc. • McDonnell Investment Management, LLC • TA Associates Realty Valley Forge Asset Management • Duff & Phelps, LP • Mesirow Financial Investment Management , Inc. • • Flag Capital Management, LLC • New Boston Fund, Inc. • Wellington Management Company, LLP
BROOKLINE • AEW Capital Management, LP • HarbourVest Partners, LLC • Russell Investment Group Custodian: State Street Bank & Trust • Blackrock Kelso Capital Advisors, LLC • Intech • State Street Global Advisors Consultant: New England Pension • BNY Mellon • Invesco Private Capital, Inc. • Sustainable Woodlands Partners, LLC Consultants • Champlain Investment Partners, LLC • Legg Mason Capital Management, LLC • Thornburg Investment Management, Inc. • Driehaus Capital Management, LLC • Lexington Advisors, Inc. • Wellington Management Company, LLP • Earnest Partners, LLC • PRIT • Wentworth, Hauser, and Violich • Hancock Natural Resources Group, Inc. • Rothschild Asset Management, Inc.
122 | PERAC ANNUAL REPORT 2013 RETIREMENT BOARD INVESTMENT VENDORS CAMBRIDGE • AEW Capital Management, LP • Income Research & Management • Pyramis Global Advisors, LLC Custodian: State Street Bank & Trust • Ascent Venture Partners • Invesco Core Real Estate USA, LP • RBC Global Asset Management (U.S.), Inc. Consultant: Segal Rogerscasey • BlackRock Investment Management, LLC • Landmark Partners, LLC • Rhumbline Advisers • Brandywine Global Investment Management, LLC • Lazard Asset Management, LLC • Rockwood Capital, LLC • Columbia Management Investment Advisors, LLC • MacKay Shields, LLC • Standish • Fred Alger Management, Inc. • MFS Institutional Advisors, Inc. • State Street Global Advisors • Hamilton Lane • Penn Square Global Real Estate Group, LLC • UBS Realty Advisors, LLC • Hancock Natural Resources Group, Inc. • PRIT • WEDGE Capital Management, LLP CHELSEA • PRIT
CHICOPEE • PRIT • SEI Investments Management Corporation • Stone Consulting Custodian: SEI Investments Management Corporation CLINTON • PRIT • State Street Global Advisors Consultant: Trust Advisory Group, Ltd.
CONCORD • Columbia Management Investment Advisers, LLC • PRIT • Russell Investment Group Custodian: Bank of America Capital Advisors, LLC DANVERS • Dalton, Greiner, Hartman, Maher & Co., LLC • Longfellow Investment Management Co., LLC • RhumbLine Advisors Custodian: State Street Bank & Trust • Equus Capital Partners, Ltd. • Mount Lucas Management, LP • Shenkman Capital Management, Inc. Consultant: Graystone Consulting • Fidelity Investments Money Management, Inc. • NWQ Investment Management Company, LLC • TA Associates Realty • Gerber-Taylor Management Company • PRIT DEDHAM • PRIT
DUKES COUNTY • Atlanta Capital • Navellier & Associates, Inc. • PRIT Custodian: State Street Bank & Trust • Bradford & Marzec, LLC • Polen Capital Management, LLC 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 Associates Realty • Intercontinental Capital Management, LLC EVERETT • PRIT
FAIRHAVEN • PRIT
FALL RIVER • PRIT • SL Capital Partners, LLP
FALMOUTH • Baring Asset Management (Asia) Limited • Invesco National Trust Company • Prinicipal Real Estate Investors, LLC Custodian: State Street Bank & Trust • Denver Investments • Invesco Private Capital, Inc. • RhumbLine Advisers Consultant: Wainwright Investment • Dimensional Fund Advisors, LP • Lee Munder Capital Group, LLC • SEI Investments Management Corporation Counsel, LLC • Duff & Phelps, LP • Lexington Advisors, Inc. • Seizert Capital Partners, LLC • Earnest Partners, LLC • Mesirow Financial Private Equity Advisors, Inc. • Siguler Guff Advisers, LLC • HGK Asset Management, Inc. • Metropolitan Real Estate Equity Management, LLC • State Street Global Advisors • Intercontinental Capital Management, LLC • PRIT FITCHBURG • PRIT • TA Associates Realty
PERAC ANNUAL REPORT 2013 | 123 RETIREMENT BOARD INVESTMENT VENDORS 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 • Credit Suisse • Invesco Private Capital, Inc. • PRIT REGIONAL • Fidelity Investments Money Management, Inc. • New Boston Fund, Inc. Consultant: Segal Rogerscasey
HAMPSHIRE COUNTY • Ascent Venture Partners • Massachusetts Financial Services Company • Permal Capital Management, LLC Consultant: New England Pension • Babson Capital Management, LLC • Mellon Capital Management Corporation • PRIT Consultants • Colchester Global Investors • Pacifc Investment Management Company, LLC • RBC Global Asset Management (U.S.) Inc. • Grantham, Mayo, Van Otterloo & Company, Inc. • Penn Capital Management Company, Inc. • RhumbLine Advisors • Intercontinental Capital Management, LLC • Perella Weinberg Partners Capital Management, LP • Shenkman Capital Management, Inc. • Lexington Advisors, Inc. HAVERHILL • Columbia Management Investment Advisors, LLC • Invesco Private Capital, Inc. • Putnam Investment Management, LLC Custodian: State Street Bank & Trust • Fisher Investments • Macquarie Funds Management • RhumbLine Advisers Consultant: Wainwright Investment • Global Forest Partners, LP • Massachusetts Financial Services Company • Systematic Financial Management, LP Counsel, LLC • Globespan Capital Management, Inc. • Mesirow Advanced Strategies, Inc. • TerraCap Management • GrandBanks Capital • Munder Capital Management • TH Lee Putnam Equity Managers, LP • Intercontinental Capital Management, LLC • Northwinds Marketing • Thomas H. Lee Partners, LP • Invesco National Trust Company • PRIT
HINGHAM • PRIT Consultant: Meketa Investment Group
HOLYOKE • American Realty Advisors • Invesco Core Real Estate USA, LP • RBC Global Asset Management (U.S.) Inc. Consultant: Segal Rogerscasey • Boston Company Asset Management, LLC (The) • Invesco National Trust Company • Ridgeworth Capital Management, Inc. • Brandywine Global Investment Management, LLC • Lazard Asset Management, LLC • Schroders Newfnance Capital, LLP • Constitution Capital Partners, LLC • Long Wharf Real Estate Partners, LLC • SEI Investments Management Corporation • Denver Investments • Mesirow Financial Private Equity Advisors, Inc. • Seizert Capital Partners, LLC • Fidelity Investments Money Management, Inc. • Oberweis Asset Management, Inc. • State Street Global Advisors • Fisher Investments • OFI Global Asset Management, Inc. • TA Associates Realty • Flynn Financial Partners • PRIT • TerraCap Management • Industry Capital Advisors, LLC • Putnam Investment Management, LLC • Wasatch Advisors, Inc. • Intercontinental Capital Management, LLC • Pyramis Global Advisors, LLC
HULL • PRIT
LAWRENCE • PRIT
LEOMINSTER • Massachusetts Financial Services Company • Templeton Investment Counsel • Union Labor Life Insurance Company Custodian: State Street Bank & Trust • PRIT
124 | PERAC ANNUAL REPORT 2013 RETIREMENT BOARD INVESTMENT VENDORS LEXINGTON • Acadian Asset Management, LLC • Hartford Investment Management Company • Rhumbline Advisers Custodian: State Street Bank & Trust • Beacon Capital Partners, LLC • Loomis Sayles & Company • State Street Global Advisors Consultant: Meketa Investment • Fidelity Investments Money Management, Inc. • Matthews International Capital Management, LLC • Wellington Management Company, LLP Group, Inc. • Fidelity Management, Inc. • Pacifc Investment Management Company, LLC LOWELL • Ascent Venture Partners • DN Partners • PRIT Custodian: State Street Bank & Trust • Boston Millennia Partners • Intercontinental Capital Management, LLC • Sentinel Real Estate Corporation • Charles River Ventures • North Atlantic Capital LYNN • Ascent Venture Partners • Fidelity Investments Money Management, Inc. • PRIT • BlackRock Investment Management, LLC • Hunt Investment Management, LLC • State Street Global Advisors • BlackRock Realty Advisors, Inc.
MHFA • AEW Capital Management, LP • Dimensional Fund Advisors, LP • McDonnell Investment Management, LLC Custodian: State Street Bank & Trust • Angelo, Gordon & Co., LP • Goldman Sachs Asset Management, LP • RS Investment Management Company, LLC Consultant: Meketa Investment • Ascent Venture Partners • HarbourVest Partners, LLC • State Street Global Advisors Group, Inc. • Clarion Partners • Intercontinental Capital Management, LLC • Stone Harbor Investment Partners, LP • Columbia Management Investment Advisers, LLC • Mackay Shields, LLC • TA Associates Realty • Constitution Capital Partners, LLC
MWRA • Ascent Venture Partners • Invesco Private Capital, Inc. • RhumbLine Advisers Custodian: State Street Bank & Trust • Boston Company Asset Management, LLC (The) • Landmark Partners, LLC • Robeco Institutional Asset Management U.S., Inc. Consultant: New England Pension • Carey Institutional Advisors, LP • Lee Munder Capital Group, LLC • Schroder Investment Management North America, Consultants • Castile Ventures • Loomis Sayles & Company Inc. • Cerberus Capital Management, LP • Mesirow Advanced Strategies, Inc. • Segal Company (The) • Clearbridge Investments, LLC • MFS Institutional Advisors, Inc. • SEI Investments Management Corporation • Entrust Partners, LLC • Pacifc Investment Management Company, LLC • TA Associates Realty • Foundry Group, LLP • Permal Asset Management, Inc. • Ticonderoga Capital • Intech • Pinebridge Investments, LLC • Wellington Management Company, LLP • Intercontinental Capital Management, LLC • PRIT • WL Ross & Co., LLC • Invesco National Trust Company MALDEN • De Burlo Group, Inc. (The) Custodian: State Street Bank & Trust MARBLEHEAD • PRIT
MARLBOROUGH • CB Richard Ellis Group, Inc. • Frontier Capital Management Co., LLC • Segal Company (The) Custodian: Comerica Securities • Boston Company Asset Management, LLC (The) • Legg Mason Capital Management, LLC • Shenkman Capital Management, Inc. Consultant: Meketa Investment • Clarion Partners • Neuberger Berman Management, LLC • SL Capital Partners, LLP Group, Inc. • Fiduciary Management, Inc. • Penn Capital Management Company, Inc. • State Street Global Advisors • RhumbLine Advisers MASSPORT • Aberdeen Asset Management, Inc. • Pzena Investment Management, LLC • Templeton Investment Counsel Custodian: State Street Bank & Trust • PRIT • State Street Global Advisors • Wellington Management Company, LLP Consultant: Wilshire Associates MAYNARD • Boston Advisors, LLC • PRIT Custodian: State Street Bank & Trust MEDFORD • Columbia Management Investment Advisors, LLC • Mellon Capital Management Corporation • State Street Global Advisors Custodian: State Street Bank & Trust • Invesco National Trust Company • Pacifc Investment Management Company, LLC • Wellington Management Company, LLP Consultant: New England Pension • Lazard Asset Management, LLC • PRIT • Western Technology Consultants • Loomis Sayles & Company • RhumbLine Advisers
PERAC ANNUAL REPORT 2013 | 125 RETIREMENT BOARD INVESTMENT VENDORS MELROSE • Ascent Venture Partners • Invesco Private Capital, Inc. • State Street Global Advisors Consultant: Segal Rogerscasey • Hunt Investment Management, LLC • PRIT • TA Associates Realty • Intercontinental Capital Management, LLC
METHUEN • BlackRock Investment Management, LLC • PRIT • Sentinel Real Estate Corporation
MIDDLESEX COUNTY • Alliance Corporate Finance Group, Inc. • Global Forest Partners, LP • Segal Company (The) Custodian: State Street Bank & Trust • Alliance Technology Ventures • Globespan Capital Management, Inc. • State Street Global Advisors • Ascend Ventures Group, LLC • Hunt Investment Management, LLC • TA Associates Realty • Ascent Venture Partners • Intercontinental Capital Management, LLC • TH Lee Putnam Equity Managers, LP • Auda Private Equity, LLC • Invesco Private Capital, Inc. • Thomas H. Lee Partners, LP • Boston Millennia Partners • North Atlantic Capital • VEF Advisors, LLC • Duke Street Capital • PRIT
MILFORD • PRIT
MILTON • PRIT
MINUTEMAN REGIONAL • PRIT
MONTAGUE • PRIT
NATICK • Intercontinental Capital Management, LLC • SEI Investments Management Corporation • SL Capital Partners, LLP Custodian: State Street Bank & Trust • PRIT • Sentinel Real Estate Corporation Consultant: Fiduciary Investment Advisors, LLC NEEDHAM • PRIT
NEW BEDFORD • Aberdeen Asset Management, Inc. • Invesco Private Capital, Inc. • TA Associates Realty Custodian: State Street Bank & Trust • Acadian Asset Management, LLC • Loomis Sayles & Company • UBS Realty Investors, LLC Consultant: Segal Rogerscasey • Blackrock Realty Advisors, Inc. • Mesirow Financial Equity Advisors, Inc. • Wellington Management Company, LLP • Boston Company Asset Management, LLC (The) • Pacifc Investment Management Company, LLC • Westfeld Capital Management Company, LP • Hunt Invesment Management, LLC • SEI Investments Management Corporation • Wilton Asset Management, LLC
NEWBURYPORT • PRIT
NEWTON • Fidelity Investments Money Management, Inc. • PRIT • Segal Company (The)
126 | PERAC ANNUAL REPORT 2013 RETIREMENT BOARD INVESTMENT VENDORS NORFOLK COUNTY • AGF Investments America • Gamco Asset Management, Inc. • Monitor Venture Management Custodian: State Street Bank & Trust • Allianz Global Investors Fund Management, LLC • Gerding Edlen Investment Management, LLC • Munder Capital Management Consultant: Wainwright Investment • ArcLight Capital Partners, LLC • Globespan Capital Management, Inc. • Perseus, LLC Counsel, LLP • Ascend Ventures Group, LLC • Halpern, Denny & Company • Preferred Investors • Boston Company Asset Management, LLC (The) • Hamilton Lane • PRIT • Boston Millennia Partners • Hunt Investment Management, LLC • PRISM Venture Partners • Centersquare Investment Management • Income Research & Management • Putnam Investment Management, LLC Holdings, Inc. • Inflection Point Ventures • RhumbLine Advisers • CHL Medical Partners • Intercontinental Capital Management, LLC • Seizert Capital Partners, LLC • Clarion Partners • JP Morgan Investment Management, Inc. • Sentinel Real Estate Corporation • Coller Investment Management, Ltd. • Kleinwort Benson Investors International, Ltd. • Siguler Guff Advisors, LLC • Constitution Capital Partners, LLC • Lazard Asset Management, LLC • SL Capital Partners, LLP • Copper Rock Capital Partners, LLC • Levine Leichtman Capital Partners, Inc. • State Street Global Advisors • Corsair Capital LLC • LLM Capital Partners • TA Associates Realty • D.E. Shaw Investment Management, LLC • Loomis, Sayles & Company • TerraCap Management • Denver Investments • Mesirow Advanced Strategies, Inc. • Wellesley Advisors Corporation • DSF Group • Mesirow Financial Alternative Investments, LLC • Wells Capital Management, Inc. • Fisher Investments • MFS International Advisors, Inc. • Wilshire Associates, Inc. • Flag Capital Management, LLC
NORTH ADAMS • De Burlo Group, Inc. (The) • PRIT Custodian: State Street Bank & Trust
NORTH ATTLEBORO • AmSouth Bank • Brandes Investment Partners, LP • Navellier & Associates, Inc. Custodian: State Street Bank & Trust • Atlanta Capital • Intercontinental Capital Management, LLC • RhumbLine Advisers Consultant: Dahab Associates, Inc. • Axiom International Investors, LLC • Lazard Asset Management, LLC • Stewart Capital Advisors, LLC • Blackrock Realty Advisors, Inc. • Loomis Sayles & Company • Vontobel Asset Management, Inc.
NORTHAMPTON • De Burlo Group, Inc. (The) • PRIT Custodian: State Street Bank & Trust NORTHBRIDGE • PRIT
NORWOOD • Aberdeen Asset Management, Inc. • Landmark Partners, LLC • RhumbLine Advisers Custodian: State Street Bank & Trust • Atlanta Capital • Oaktree Capital Management, LP • Vontobel Asset Management, Inc. Consultant: Meketa Investment • Boston Company Asset Management, LLC (The) • PRIT • Winslow Capital Management, LLC Group, Inc. • Dimensional Fund Advisors, LP
PEABODY • PRIT
PERAC ANNUAL REPORT 2013 | 127 RETIREMENT BOARD INVESTMENT VENDORS PRIM • 1818 Fund (The) • DivcoWest • New Enterprise Associates Nordic Capital Custodian: BNY Mellon • Acadian Asset Management, LLC • Eaton Vance Institutional Funds • • Access Capital • El Dorado Ventures • Oaktree Capital Management Consultants: Callan Associates, • Acon Investments • Ell Capital Management, Inc. • Odyssey Investment Partners Cliffwater LLC, Hamilton Lane, NEPC, • Advent International • Elliot Capital Advisors, LP • Olympus PartnersOnex Capital Partners Townsend • AEW Capital Management • Emerging Markets Management • OZ Advisors, LP • AFL-CIO Housing Investment Trust • Equitable Capital Management Corporation • Pacifc Alternative Asset Management Co. (PAAMCO) • Alchemy Partners • Essex Woodlands Health Ventures • Pacifc Investment Management Co. (PIMCO) • Alta Communications • Ethos Private Equity • PAI Europe • American Securities Capital Partners • Exponent Private Equity Partners • Permira Ventures • Anchorage Capital, LLC • Fidelity Management Trust Company • Pershing Square G.P., LLC • Angelo Gordon • FIS Group, Inc. • Pictet Asset Management, Inc. • APAX Partners & Co. • First Reserve Corporation • Polaris Venture Partners • Apollo Management Co. • Flagship Ventures • Providence Equity Partners • Arden Asset Management • Forest Investment Associates • Quad-C Management • Arrowgrass G.P. Limited • Frontier Capital Management • Rembrandt Venture Partners • Ascend Capital, LP • Freeman Spogli Equity Partners • Riverbridge Partners • Ascent Venture Partners • GENSTAR Capital • Rock Creek Group (The) • Ashmore Investment Management, Ltd. • Gilde Buy Out Partners AG • Russell Implementation Source • Asia Pacifc Trust • Glenview Capital G.P., LLC • SAIF Partners • Austin Ventures • Gores Capital • Samlyn Partners, LLC • Avenue Capital Group • Grantham, Mayo, Van Otterloo & Co. • SCP Vitalife • Baillie Gifford • GSO Capital Partners • Shenkman Capital Management • Bain Capital • GTCR Golder Rauner • Sherbrooke Capital • Battery Ventures • Harbourvest Partners • Sofnnova Ventures, Inc. • Belmont Capital Partners • Hellman & Friedman Capital Partners • SouthernSun Asset Management • 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 (The) • Hony Capital • Steadfast Capital Management LP • BlueCrest Capital Limited • Huber Capital • Stone Harbor Investment Partners LP • Boston Ventures • Index Ventures • Summit Creek Advisors • BH G.P. Limited • Indus Partners, LLC • Summit Ventures • Bridgepoint Capital Limited • ING Investment Management • SV Life Sciences Advisors • Brigade Capital G.P., LLC • Insight Venture Partners • TA Associates/Advent • Campbell Group, LLC • Intech • TA Associates Realty • Candover • Intercontinental IV • Taconic Associates, LLC • Cantab Capital Partners, LP • InterWest Partners • Technology Crossover Ventures • Canyon Johnson II • Invesco Realty Advisors • Texas Pacifc Group • Capital Resource Lenders • Investec Asset Management • Thoma Bravo • Capula Management Limited • Jennison Associates • Thoma Cressey Partners • Carlyle Group (The) • Joseph Littlejohn & Levy Fund • Thomas H. Lee Equity Partners, LP • Carlyle Partners • J.P. Morgan Investment Management • Torquest Partners • Castille • Kelso & Company • Towerbrook Capital Partners • Catalyst Investors • Kepha Partners • Trident Capital • Centerbridge • Keytone Ventures • Trust Company of the West • Centerbridge Special Credit Partners • King Street Capital Management • T. Rowe Price • CenterSquare Investment Management • Kohlberg Kravis Roberts and Co. • Union Square Ventures • Charlesbank Capital Partners • KPS Capital Partners • VantagePoint Partners • Charles River Ventures • Landmark Equity Partners • Venture Capital Fund of New England (The) • Charterhouse Group • LaSalle Investment Management • Vestar Capital Partners • Chequers • Loomis, Sayles & Company • Vista Equity Partners • Claren Road Capital, LLC • Madison Dearborn Capital Partners • Wasatch Advisors Inc. • Clifton Group (The) • Marathon Asset Management, Ltd. • Wayzata Investment Partners • Code, Hennessey & Simmons • M/C Venture Partners • Welsh, Carson, Anderson & Stowe • Commonwealth Capital Ventures • Menlo Ventures • Weston Presidio Capital • Community Capital Management • MFA Partners APA German European Ventures • WestView Capital Partners • Crescent Capital Group • Mondrian Investment Partners Ltd. • Whitney & Company • Crossroads Group (The) • Montagu • William Blair Mezzanine Capital Fund, LP • C SFB Private Equity (DLJ Merchant Banking Partners) • Montreux Equity Partners • Willis Stein • CVC Capital • Nash & Sells • Winton Capital Management • Cypress Merchant Banking Partners • Nautic Partners • Xenon Private Equity, LTD • Davidson Kempner Advisors, Inc. • New Boston Urban Fund I • York Capital Management • Denham Capital Management
128 | PERAC ANNUAL REPORT 2013 RETIREMENT BOARD INVESTMENT VENDORS PITTSFIELD • Hunt Investment Management, LLC • Sentinel Real Estate Corporation • State Street Global Advisors Consultant: Fiduciary Investment • PRIT • SL Capital Partners, LLP Advisors, LLC PLYMOUTH • Babson Capital Management • Invesco Advisors, Inc. • State Street Global Advisors Custodian: State Street Bank & Trust • Blackrock Kelso Capital Advisors, LLC • Mackay Shields, LLC • Templeton Investment Counsel Consultant: Fiduciary Investment • Boston Advisors, LLC • PRIT • Wellington Management Company, LLP Advisors, LLC • Boston Trust Investment Management, Inc. • Robeco Institutional Asset Management U.S., Inc. • Westfeld Capital Management Company, LP • Intercontinental Capital Management, LLC
PLYMOUTH COUNTY • ABS Investment Management, LLC • Geneva Capital Management, Ltd. • New Boston Fund, Inc. Custodian: State Street Bank & Trust • Aetos Capital, LLC • Globespan Capital Management, Inc. • Newtower Trust Company Consultant: Wainwright Investment • Akina Limited • HGK Asset Management, Inc. • Prudential Real Estate Investors Counsel, LLC • Ascend Venture Group • Hunt Investment Management, LLC • Pyramis Global Advisors, LLC • Ascent Venture Partners • Income Research & Management • RBC Global Asset Management (U.S.), Inc. • Berkshire Property Advisors, LLC • Invesco National Trust Company • RhumbLine Advisers • Boston Company Asset Management, LLC (The) • J.P. Morgan Investment Management, Inc. • RMK Timberland Group • Charles River Ventures • Kleinwort Benson Investors International, Ltd. • Rohatyn Group (The) • Citigroup Alternative Investments, LLC • Landmark Partners, LLC • SEI Investments Management Corporation • Denver Investments • Lee Munder Capital Group, LLC • Siguler Guff Advisers, LLC • DN Partners • Leeds Equity Partners • State Street Global Advisors • DSF Group • Levine Leichtman Capital Partners, Inc. • THL Credit Advisors, LLC • Eaton Vance Investment Counsel • Lexington Advisors, Inc. • TimberVest, LLC • Fisher Investments • McDonnell Investment Management, LLC • Wellesley Advisors Corporation • Franklin Templeton Investment Management • Mesirow Advanced Strategies, Inc. • Wellington Management Company, LLP
QUINCY • Aberdeen Asset Management, Inc. • Goldman Sachs Asset Management, LP • PRIT Custodian: State Street Bank & Trust • Acadian Asset Management, LLC • Hancock Natural Resources Group, Inc. • RhumbLine Advisers Consultant: Meketa Investment • Adams Street Partners, LLC • Harbor Capital Advisors, Inc. • Standard Life Investments (USA) Limited Group, Inc. • AEW Capital Management, LP • Invesco Private Capital • State Street Global Advisors • Artio Global Management, LLC • Loomis Sayles & Company • Stone Harbor Investment Partners, LP • Beach Point Capital Management, LP • Oppenheimer Alternative Investment • TA Associates Realty • Copper Rock Capital Partners, LLC Management • UBS Realty Investors, LLC • Earnest Partners, LLC • PENN Capital Management Company, Inc. • Victory Capital Management, Inc.
READING • PRIT
REVERE • PRIT
SALEM • Ascent Venture Partners • Fidelity Investments Money Management, Inc. • PRIT Custodian: State Street Bank & Trust
SAUGUS • PRIT
SHREWSBURY • Atlanta Capital • Income Research & Management • PRIT Custodian: State Street Bank & Trust • C.S. Mckee, LP • Lee Munder Capital Group, LLC • Rice Investment Advisory Services, Inc. Consultant: Dahab Associates, Inc.
PERAC ANNUAL REPORT 2013 | 129 RETIREMENT BOARD INVESTMENT VENDORS SOMERVILLE • Congress Asset Management Company, LLP • Loomis Sayles & Company • UBS Realty Investors, LLC Custodian: State Street Bank & Trust • Lazard Asset Management, LLC • RhumbLine Advisers Custodian: Comerica Securities SOUTHBRIDGE • PRIT
SPRINGFIELD • Ascend Venture Group • Crescendo Ventures Management, LLC • PRIT Custodian: PeoplesBank • Boston Millennia Partners • DN Partners STATE • PRIT
STATE TEACHERS • PRIT
STONEHAM • PRIT
SWAMPSCOTT • Fred Alger Management, Inc. • North Sky Capital, LLC • Trust and Fiduciary Management Services, Inc. Custodian: State Street Bank & Trust • Intercontinental Capital Management, LLC • PRIT Consultant: Fiduciary Investment Advisors, LLC TAUNTON • BlackRock Investment Management, LLC • Earnest Partners, LLC • Invesco Private Capital, Inc. Custodian: State Street Bank & Trust • Boston Company Asset Management, LLC (The) • Emerald Advisers, Inc. • Molpus Woodlands Group, LLC Consultant: Dahab Associates, Inc. • Boston Millennia Partners • Fidelity Investments Money Management, Inc. • Munder Capital Management • Boston Trust Investment Management, Inc. • Glovista Investments, LLC • State Street Global Advisors • Brandywine Global Investment Management, LLC • Herndon Capital Management, LLC • Systematic Financial Management, LP • C.S. Mckee, LP • Intercontinental Capital Management, LLC • TimberVest, LLC • Daruma Capital Management, LLC • Invesco Core Real Estate USA, LP • Vontobel Asset Management, Inc. • Denver Investments • Invesco National Trust Company
WAKEFIELD • PRIT WALTHAM • Ascent Venture Partners • Precision Capital Advisors, LLC • State Street Global Advisors Custodian: State Street Bank & Trust • Hunt Investment Management, LLC • PRIT • USB Realty Investors, LLC Consultant: Fiduciary Investment • Intercontinental Capital Management, LLC • RCP Advisors, LLC • Veronis Suhler Stevenson Partners, LLC Advisors, LLC • Invesco Private Capital, Inc. WATERTOWN • Acadian Asset Management, LLC • Fisher Investments • Massachusetts Financial Services Company Custodian: State Street Bank & Trust • Arsenal Real Estate Partners • Guggenheim Partners Investment • New Boston Fund, Inc. Management, LLC Consultant: Fiduciary Investment • Auda Private Equity, LLC • PRIT Advisors, LLC • Blackrock Kelso Capital Advisors, LLC • Income Research & Management • RCP Advisors, LLC • Brandywine Global Investment Management, LLC • Intercontinental Capital Management, LLC • SEI Investments Management Corporation • Earnest Partners, LLC • Lee Munder Capital Group, LLC • Wellington Management Company, LLP
WEBSTER • Eaton Vance Investement Counsel • Loomis Sayles & Company • Rice Investment Advisory Services, Inc. Custodian: State Street Bank & Trust • Invesco National Trust Company • PRIT • SEI Investments Management Corporation Consultant: Wainwright Investment • Lee Munder Capital Group, LLC • RhumbLine Advisers • USB Asset Management Counsel, LLC WELLESLEY • PRIT
WEST SPRINGFIELD • AmSouth Bank • De Burlo Group, Inc. (The) • PRIT Custodian: State Street Bank & Trust
130 | PERAC ANNUAL REPORT 2013 RETIREMENT BOARD INVESTMENT VENDORS WESTFIELD • Boston Company Asset Management, LLC (The) • Income Research & Management • RBC Global Asset Management (U.S.), Inc. • Charles Schwab & Co., Inc. • Intercontinental Capital Management, LLC • State Street Global Advisors • Columbia Management Investment Advisers, LLC • Invesco Advisers, Inc. • TerraCap Management • Constitution Capital Partners, LLC • Lazard Asset Management, LLC • Wasatch Advisors, Inc. • Fisher Investments • Loomis Sayles & Company • Wells Capital Management, Inc. • Hamilton Lane • PRIT
WEYMOUTH • Aberdeen Asset Management, Inc. • Earnest Partners, LLC • RhumbLine Advisers Custodian: State Street Bank & Trust • Acadian Assset Management, LLC • HarbourVest Partners, LLC • RS Investment Management Company, LLC Consultant: Fiduciary Investment • Advent Capital Management, LLC • Intercontinental Capital Management, LLC • Sigular Guff Advisers, LLC Advisors, LLC • BlackRock Advisors, LLC • Invesco Private Capital, Inc. • State Street Global Advisors • Boston Company Asset Management, LLC (The) • Landmark Partners, LLC • Templeton Investment Counsel • Bradford & Marzec, LLC • Loomis Sayles & Company • Westfeld Capital Management Company, LP • Brandywine Global Investment Management, LLC • Penn Capital Management Company, Inc. • William Blair & Company, LLC • Constitution Capital Partners, LLC • PRIT
WINCHESTER • Guggenheim Real Estate, LLC • State Street Global Advisors • Welch & Donohoe, LLP Custodian: State Street Bank & Trust • Hunt Investment Management, LLC • TA Associates Realty • Wellington Management Company, LLP • PRIT
WINTHROP • PRIT
WOBURN • Alliance Corporate Finance Group, Inc. • Invesco Private Capital, Inc. • RS Investment Management Company, LLC Custodian: State Street Bank & Trust • Charlesbank Capital Partners, LLC • Loomis Sayles & Company • State Street Global Advisors Consultant: Wainwright Investment • Earnest Partners, LLC • Macquarie Funds Management • TA Associates Realty Counsel, LLC • Hunt Investment Management, LLC • PRIT • Wilshire Associates, Inc. • Intercontinental Capital Management, LLC • RhumbLine Advisers
WORCESTER • Acadian Asset Management, LLC • Hancock Natural Resource Group, Inc. • Opus Investment Management, Inc. Custodian: State Street Bank & Trust • Aetos Capital, LLC • Harvest Partners, LP • Pacifc Investment Management Company, LLC Consultant: Meketa Investment Group, • AEW Capital Management, LP • Heitman Capital Management, LLCIncome • Penn Capital Management Company, Inc. Inc. • American Securities, LLC Research & Management • PRIT Intercontinental Capital Management, LLC • Ascent Venture Partners • • Riverside Company (The) • Invesco Core Real Estate USA, LP • Bailard • RMK Timberland Group • Invesco Private Capital, Inc. • Benchmark Plus Management • SL Capital Partners, LLP Blackstone Real Estate Advisors, LP • Lazard Asset Management, LLC • • State Street Global Advisors • Boston Millenia Partners • Lee Munder Capital Group, LLC • VEF Advisors, LLC • Capital International, Inc. • Loomis Sayles & Company • Vitruvian Partners, LLP • Charlesbank Capital Partners, LLC • Newstone Capital Partners, LLC • White Deer Energy • Clearbridge Investments, LLC • Northstar Company, LLC • Dimensional Fund Advisors, LP
WORCESTER REGIONAL • AEW Capital Management, LP • PRIT • TA Associates Realty • Ascent Venture Partners • SL Capital Partners, LLP • Ticonderoga Group • Hunt Investment Management, LLC • State Street Global Advisors • TRECAP Partners • Intercontinental Capital Management, LLC
PERAC ANNUAL REPORT 2013 | 131