Worcester Retirement System Overview

  • Type
  • Public Pension Fund
  • Founded
  • 1945
Founded
  • Professionals
  • 2
Professionals
  • AUM
  • 00.00
  • Commitments
  • 50

Worcester Retirement System General Information

Description

Worcester Retirement System (WRS) is a public pension fund based in Worcester, Massachusetts. Established in 1945, the WRS is a contributory defined benefit retirement system that covers eligible employees of the City of Worcester (except Worcester Public School teachers) and the Worcester Housing Authority (WHA). The WRS is administered by a five-member Board consisting of the City Auditor, two representatives elected from the membership, a City Manager representative and a fifth member chosen by the other four who cannot be an employee, retiree or official of the City. One Board member is elected from the group to serve as Chairman. State Street serves as Custodian.

Contact Information

Year Founded
1945
Open To Secondaries
0000
Open To First Time Founds
00000
Institution Type
Public Pension Fund
Primary Contact
0000 00000
Title
Executive Secretary
Email
0000000000@00000000000.000
Phone
+0 (000) 000-0000
Primary Office
  • City Hall Room 103
  • 455 Main Street
  • Worcester, MA 01608
  • United States
+1 (508) 000-0000

Worcester Retirement System Commitments (50)

Fund Name Fund Manager Fund Location Vintage Fund Size Commitment Date Commitment
00000000 0000000 000000 Newstone Capital Partners Dallas, TX 2016 00000 0000-00-00
00 000 00 0000000000 00 Boston, MA 2016 00.00 0000-00-00
000000 0000000 00000000 000000 0000000 0 Boston, MA 2015 0000 0000-00-00
000000000 000000000 000 000000000 000000 Minneapolis, MN 2014 00000 0000-00-00
000 00000000 000 000 0000000 0000 Boston, MA 2014 00000 0000-00-00
You’re viewing 5 of 50 commitments. Get the full list »
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Worcester Retirement System Commitment Analytics

PitchBook’s data visualizations help you see a limited partner’s commitments—showing a breakdown of activity by fund type and region, complete with performance metrics.

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Commitments by Fund Type
Commitments by Fund Type
Commitments by Region
Commitments by Region

Worcester Retirement System Mandates (12)

Fund Type Mandate Amount Announced Date Timeframe
Buyout $10M 00-000-0000 10-Apr-2015 to 26-Aug-2015
000000 000 00-000-0000 24-Jan-2014 to 11-Feb-2014
0000000 - 0000000 000 00-000-0000 16-Jan-2014 to 30-Jan-2014
000000 000 00-000-0000 03-Dec-2013 to 19-Dec-2013
0000 000000 - 0000000 0000 00-000-0000 22-Oct-2013 to 13-Nov-2013
You’re viewing 5 of 12 mandates. Get the full list »

Worcester Retirement System Investment Allocations

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  • Target Equities:
    42.00 %  Target
    Current Equities:
    42.00 %  Actual
  • Target Fixed Income:
    42.00 %  Target
    Fixed Income:
    42.00 %  Actual
  • Target PE:
    42.00 %  Target
    Current PE:
    42.00 %  Actual
  • Target Real Estate:
    42.00 %  Target
    Real Estate:
    42.00 %  Actual
  • Target Cash:
    42.00 %  Target
    Current Cash:
    42.00 %  Actual
Investment allocations

Worcester Retirement System Team (4)

Name Title Office
Timothy McGourthy Chief Financial Officer Worcester, MA
Lisa Poske Executive Secretary Worcester, MA
You’re viewing 2 of 4 team members. Get the full list »

Worcester Retirement System Board Members (4)

Name Representing Role Since
Robert Stearns Self Retirement Board Member 000 0000
You’re viewing 1 of 4 board members. Get the full list »