MassPRIM bets on Polaris Partners debut growth fund

Massachusetts Pension Reserves Investment Management Board, Polaris Partners, private equity, pension fund
Boston cityscape with the Massachusetts State House. Courtesy of Sean Pavone/iStock/Getty Images
  • Commits to Polaris’s first equity fund
  • Polaris invests in tech, biotech and healthcare
  • MassPRIM continues focus on lower-mid market
Massachusetts Pension Reserves Investment Management Board committed $35 million to venture-capital firm Polaris Partners’ first growth equity fund, which is targeting $175 million. Polaris’s debut growth equity fund will target buyouts of lower-middle-market software and technology-enabled services companies in North ...

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