Consultants, Custodian, and Independent Accountant
The PRIM Board utilizes five consultants to assist it in making decisions about the investment direction of the PRIT Fund:
Aberdeen Asset Management, headquartered in Philadelphia, serves as PRIM’s hedge fund consultant.
Albourne, headquartered in in London, serves as PRIM’s operational due diligence service provider.
Meketa Investment Group, headquartered in Westwood, MA, serves as PRIM’s public market consultant.
Hamilton Lane, located in Bala Cynwyd, Pennsylvania, serves as PRIM’s private equity consultant. Hamilton Lane recommends a strategic plan for the annual deployment of assets committed to special equity (buy-outs) and venture capital, assists PRIM staff in performing due diligence with respect to selection of partnerships, and conducts a quarterly and annual review of the private equity portfolio.
New England Pension Consultants (NEPC), located in Cambridge, Massachusetts, serves as PRIM’s asset allocation consultant.
PRIM also uses the following vendors: Bank of New York Mellon for master custody services; KPMG, LLP for external audit purposes; Seven Letter for communication consulting services; and Edgetech Consulting for IT support services.