Michael G. Trotsky, CFA, is the executive director and chief investment officer of the Massachusetts Pension Reserves Investment Management (“PRIM”) Board. Mass PRIM is responsible for investing the $100 billion Massachusetts pension fund, which contains the assets of the Massachusetts Teachers’ and State Employees’ Retirement Systems as well as the assets of approximately 100 participating municipal and county retirement systems.
Trotsky’s work at PRIM was preceded by a 25-year career in the private sector, most recently as senior vice president and portfolio manager at PAR Capital Management, a Boston-based absolute return strategy fund. Previously, he was a senior analyst at Greenberg-Summit Partners in Boston and also served as a principal and senior vice president at Independence Investment Associates (a John Hancock subsidiary), also in Boston. Trotsky began his professional career in 1985 as an engineer at Intel Corporation in California.
Trotsky currently serves as a governing trustee on the board of trustees at the Dana-Farber Cancer Institute in Boston. He previously served as chair of the CFA Society Boston, as well as a member of the CFA Institute board of directors and as chair of the CFA Institute’s Asset Manager Code of Professional Conduct advisory committee. He is also a member of the Boston Economics Club.
Trotsky received a BS in Electrical Engineering from the University of Pennsylvania and an MBA from the Wharton School of the University of Pennsylvania.