# Lynn City Public Pension Plan

Lynn City Public Pension Plan is a Pension Fund based in Lynn, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Lynn, United States
- **Region:** North America
- **Address:** 3 City Hall Square, Room 106, Lynn, MA 01901, United States
- **Assets under management:** 542 (Altss estimate)
- **Website:** lynnma.gov

## Regulatory record

- **Reports private funds:** No

## About

The Lynn City Public Pension Plan was established to manage retirement assets for municipal employees in Lynn, Massachusetts. It operates under oversight from the Massachusetts Public Employee Retirement Administration Commission with day-to-day administration led by Executive Director Gary Brenner. The plan allocates 17.1 percent to private equity and maintains holdings in real estate vehicles such as Fidelity Real Estate Growth Fund III and Long Wharf Capital Fund. Additional exposure comes through PRIT Core Realty Holdings and pooled real estate funds. Geographic reach centers on the United States with allocations extending to global equities via index funds and the PRIT Fund. The system also holds positions in Ascent Venture Partners funds and BlackRock Private Equity Partners. Assets total $542 million with 96 percent invested in the PRIT Fund managed by MassPRIM. The board includes Michael J. Marks as chairperson and maintains membership in the Massachusetts Association of Contributory Retirement Systems. In June 2024 board members spoke at the MACRS Annual Conference on pension administration and fiduciary oversight. The plan functions as a municipal retirement system sponsored by the City of Lynn with member units including the Lynn Housing Authority and Lynn Water and Sewer Commission. Service providers include MassPRIM for investment management and PERAC for regulatory oversight.

## Sectors

- Diversified

## People

- Michael J. Marks, Esq. — Chairperson
- Gary Brenner — Executive Director
- Richard P. Biagiotti — Elected Member

## Questions

### Who runs investment decisions at Lynn City Public Pension Plan?

The Retirement Board chaired by Michael J. Marks sets policy while MassPRIM manages the majority of assets through the PRIT Fund. Gary Brenner serves as Executive Director handling administration.

### Does Lynn City Public Pension Plan participate in fund commitments or only direct deals?

The plan invests primarily as a limited partner in funds including Ascent Venture Partners vehicles, Fidelity Real Estate Growth Fund III and PRIT Core Realty Holdings.

### What asset classes receive allocations from Lynn City Public Pension Plan?

Allocations include private equity at 17.1 percent, real estate through multiple vehicles, global equities via index funds, and timberland exposure within the PRIT Fund.

### How is Lynn City Public Pension Plan related to the City of Lynn?

The City of Lynn serves as the primary sponsoring government entity. Member units include the Lynn Housing Authority and Lynn Water and Sewer Commission.

### Which organizations regulate or advise Lynn City Public Pension Plan?

PERAC provides actuarial and regulatory oversight. Dahab Associates and MassPRIM serve as investment advisors while M&T Bank acts as custodian.

## Related profiles

- [Kansas Health Foundation](https://altss.com/profile/kansas-health-foundation-khf)
- [Boca Raton Police & Firefighters Retirement System](https://altss.com/profile/boca-raton-police-firefighters-retirement-system)

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

Canonical page: https://altss.com/profile/lynn-city-public-pension-plan

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