MassPRIM’s PE Chief Plans to Step Down

By Gregory Roth — 4 years ago

Wayne Smith, who has overseen the $5.4 billion private equity program for Massachusetts Pension Reserves Investment Management (MassPRIM), announced plans to step down and join Pathway Capital Management, a fund-of-funds company with $23 billion under management.

As senior investment officer, Smith has managed MassPRIM’s private equity assets since 2002. He joined the pension system in 2000, and reported to Chief Investment Officer Stanley Mavromates.