Massachusetts Pension Reserves Investment Management Board, Boston, hired Rock Creek Group to run $300 million in a hedge fund of funds. Rock Creek was selected after previous candidate Silver Creek Partners couldn't reach an agreement with the $32.4 billion system on fees earlier this year.
Separately, the board made permanent State Street Global Advisors' interim $700 million interim assignment for a domestic small-cap index fund.
MassPRIM also made private equity commitments of up to $50 million to Spectrum Equity Investors V and up to $20 million to Genstar Capital IV. It also committed up to $25 million to Trident Capital Fund VI, a venture capital fund.