# Lawrence Retirement Board

Lawrence Retirement Board is a Public Pension Fund based in Lawrence, United States.

## Overview

- **Organization type:** Public Pension Fund
- **Headquarters:** Lawrence, United States
- **Region:** North America
- **Address:** 354 Merrimack Street Entry C - 3rd Floor, Suite 302, Lawrence, MA, United States
- **Founded:** 1937
- **Assets under management:** 338 (Altss estimate)
- **Website:** lawrenceretirement.net
- **LinkedIn:** https://www.linkedin.com/company/lawrence-retirement-board

## Regulatory record

- **Reports private funds:** No

## About

The Lawrence Retirement Board was established in 1937 to manage pension obligations for employees of the City of Lawrence and participating entities such as the Merrimack Valley Regional Transit Authority and Lawrence Housing Authority. Assets are allocated across the PRIT Fund, with 17.1 percent directed to private equity and additional exposure to real estate, timberland, and portfolio completion strategies. Confirmed holdings include the PRIT Global Equity Portfolio at $133 million and 2023. The board maintains a long-term relationship with the PRIM Board for investment management. The plan serves municipal employees and retirees of Lawrence, Massachusetts. Gina Rizzo has served as Executive Director since 1989. The board participates in MACRS conferences for fiduciary training and legislative updates. Investment decisions flow through the PRIM Board structure rather than direct selection of external managers or co-investments.

## Sectors

- Private Equity
- Real Estate
- Fixed Income

## People

- Gina Rizzo — Executive Director
- Ramona Ceballos — Chairperson and Chief Administrative and Finance Officer

## Questions

### Who runs investment decisions at Lawrence Retirement Board?

The board delegates investment management to the Pension Reserves Investment Management Board, which oversees the PRIT Fund allocations.

### Does Lawrence Retirement Board participate in fund commitments or only direct deals?

The board invests exclusively through the PRIT Fund and does not make direct commitments or co-investments.

### How is Lawrence Retirement Board related to the City of Lawrence?

The City of Lawrence is the primary municipal sponsor and member unit of the retirement system.

### What investment stages does Lawrence Retirement Board typically target?

The board maintains a long-term allocation to private equity and other alternatives through the PRIT Fund without specified stage preferences.

## Related profiles

- [Delaware Community Foundation](https://altss.com/profile/delaware-community-foundation-dcf)
- [Tokyo University of Science Endowment](https://altss.com/profile/tokyo-university-of-science-endowment)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/lawrence-retirement-board

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology