# Massachusetts Teachers Retirement Board

Massachusetts Teachers Retirement Board is a Pension Fund based in Charlestown, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Charlestown, United States
- **Region:** North America
- **Address:** 500 Rutherford Avenue, Suite 210, Charlestown, MA, United States
- **Founded:** 1914
- **Assets under management:** 41900 (Altss estimate)
- **Website:** mtrs.state.ma.us
- **LinkedIn:** https://www.linkedin.com/company/massachusetts-teachers-retirement-system

## Regulatory record

- **Reports private funds:** No

## About

Massachusetts Teachers’ Retirement System (MTRS) formed on July 1, 1914 and ranks as the largest of the Commonwealth’s 104 contributory retirement systems. It provides retirement, disability, and survivor benefits to more than 93,000 active educators and over 66,000 retirees and survivors in Massachusetts. Its mission is to ensure members achieve and maintain a successful and secure retirement through responsible benefits administration, financial integrity, and outstanding services.

## Sectors

- Healthcare
- Private Equity
- Real Estate
- Timber

## People

- Erika M. Glaster — Executive Director
- Deborah B. Goldberg — Chair

## Questions

### Who runs investment decisions at Massachusetts Teachers Retirement Board?

Investment decisions are executed through the PRIM Board. Michael Trotsky serves as Executive Director and Chief Investment Officer of PRIM.

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

The board commits to funds as a limited partner. Confirmed positions include Advent International GPE XI and Charlesbank Equity Fund XI through the PRIT Fund.

### What asset classes receive allocations?

Allocations cover public equities at 40.6 percent, core fixed income at 14.8 percent, private equity at 17.1 percent, and real assets including timberland.

### Where does the board maintain timberland exposure?

Timberland holdings total 15.5 million acres across the United States, Australia, New Zealand, Europe, and emerging markets.

### Which organizations oversee or affiliate with the board?

Oversight includes the Public Employee Retirement Administration Commission. Affiliations cover the Institutional Limited Partners Association and ESG Data Convergence Initiative.

## Related profiles

- [BCGE Pension Fund](https://altss.com/profile/bcge-pension-fund)
- [The Retirement Systems of Alabama](https://altss.com/profile/the-retirement-systems-of-alabama)

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

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

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