Michael G. Trotsky, CFA is an investment management professional with over 20 years of experience. Prior to joining PRIM as its Executive Director, Mr. Trotsky was the Executive Director of the Massachusetts Health Care Security Trust (“HCST”), the state government agency charged with the dual responsibility of 1) managing and investing payments Massachusetts receives from the tobacco litigation settlement, and 2) managing and investing the State Retiree Benefits Trust Fund (“SRBTF”), the fund that invests assets allocated by state and local government agencies to fund the health care benefits of retired government employees. Prior to joining the HCST, Mr. Trotsky was a Senior Vice President and Portfolio Manager for 5 years at PAR Capital Management, a Boston-based absolute return strategy fund, where he was directly responsible for investment decisions, research, trading, and administration of an investment fund.
Before that, Mr. Trotsky spent nearly 5 years at Greenberg-Summit Partners in Boston, serving as Senior Analyst responsible for technology investments. Before that, that Mr. Trotsky spent over 7 years as Principal and Senior Vice President at Independence Investment Associates in Boston, where he served as both a portfolio manager and senior analyst, and also served on the firm’s valuation committee. Mr. Trotsky entered the investment management profession in 1990 after 6 years at Intel Corporation, where he was a Senior Field Sales Engineer.
Mr. Trotsky received his BS in Electrical Engineering from the University of Pennsylvania in 1985, and his MBA (with a concentration in Finance) from The Wharton School, University of Pennsylvania, in 1990. Mr. Trotsky has served on the Dean’s Advisory Committee at the University of Pennsylvania’s College of Engineering and Applied Sciences since 2007. Mr. Trotsky earned his Chartered Financial Analyst (CFA) charter in 1994. Mr. Trotsky lives in Belmont with his wife, Amy, and their son, Benjamin. Mr. Trotsky also serves on the Finance Committee at the Shady Hill School in Cambridge.
Chris Supple's 25 years of law/government practice have been divided nearly equally between the public and private sectors. Chris’ government experience includes over 5 years as a federal prosecutor and 6 years in senior leadership positions with the Governor of Massachusetts and the Massachusetts Secretary of Administration and Finance. Chris also spent over 10 years in a private law practice focused on government and litigation, where his clients included businesses, nonprofits, individuals, and government agencies (including both PRIM and the MA Health Care Security Trust/State Retiree Benefits Trust Fund, where Chris served as outside legal counsel for 10 years). Chris has litigated in state and federal courts throughout the country, and has successfully tried over 25 cases to jury verdict, tried dozens of cases to judges sitting without juries, argued hundreds of evidentiary and non-evidentiary motions, and settled hundreds of cases by negotiated agreement. Chris served two 5-year terms on the Board of the Boston Redevelopment Authority, and for many years taught a course in Federal Criminal Prosecution at the Suffolk University Law School. Chris is active in autism advocacy, and serves as a Member of the Board of Directors of the New England Chapter of Autism Speaks. Chris earned his law degree with honors from the Duke University School of Law, and his BA from the College of the Holy Cross.
As PRIM’s Chief Financial Officer, Tom Hanna oversees the PRIM Board’s finance operations. He is responsible for accounting and reporting for PRIT’s investments, overseeing annual audits, documenting and maintaining internal controls, monitoring the master custodian’s work, cash management and reporting for PRIM’s clients, and general office operations such as payroll, human resources, and administrative support. Tom joined PRIM as a Senior Investment Analyst in May of 2000 and moved through the ranks as Director of Accounting and Director of Finance before being promoted to Chief Financial Officer in May of 2011. Prior to joining PRIM Tom worked as an investments auditor for the New York State Common Retirement Fund. Mr. Hanna has over 16 years’ experience in the accounting and finance field and over 13 years’ of experience working in the public pension fund arena. Tom graduated with a Bachelor of Science degree from the State University of New York and is a Certified Public Accountant.
Mr. Bailey brings a quarter century of experience in private equity, including time at High Vista Strategies, an endowment investment fund, and Lucent Asset Management, where he headed the private equity group. Both are in Boston. Mr. Bailey also worked at Deutsche Bank and J.P. Morgan in New York.
Mr. Bailey was graduated from Northwestern University in Evanston, Ill.
He is a resident of Winchester.
Director of Strategic Initiatives
Hannah Commoss is responsible for PRIM’s Public Markets investment programs, which includes oversight, monitoring and due-diligence for the PRIT Fund's Domestic Equity, International Equity, Emerging Markets Equity, Core Fixed Income, Value-Added Fixed Income and Hedge Fund of Funds asset classes. Prior to joining PRIM in August of 2004, Hannah was with HarbourVest Partners, a global private equity investment firm, in Boston. Hannah graduated cum laude from Northeastern University with a Bachelor of Arts Degree in Economics, and received her MBA from Suffolk University in Boston, MA.
Anthony joined PRIM in January of 2006. As Chief Technology Officer, Anthony’s responsibilities include managing and maintaining PRIM’s information technology infrastructure and providing information technology strategy, oversight and planning. Prior to joining PRIM Anthony spent over 18 years working in the financial services industry in a variety of capacities including project management, investment operations, operational accounting, systems integration and information delivery. Anthony represents PRIM on the Institutional Investors, Financial Technology Forum and the Workbench Client Advisory Board. Anthony earned his BS in Computer Information Systems from Bentley University in Waltham, Massachusetts, and is a Microsoft SharePoint 2010 Administration Certified Professional.
David Gurtz is responsible for the risk monitoring of PRIM, which includes monitoring and due diligence of investment managers as well as monitoring of internal processes. David is also responsible for the implementation of the risk measurement system. Prior to joining the PRIM Board in 2008, David was a Senior Manager at KPMG auditing clients such as hedge funds, private equity and venture capital funds. Prior to KPMG, David was a Controller for 2 years at Capstone Investments, a NASD broker/dealer that specializes in servicing hedge funds. David earned a Bachelor of Science in Accounting from Bucknell University and is a Certified Public Accountant and a Chartered Financial Analyst.
Scott is responsible for PRIM’s private equity, private natural resources and alternative fixed income programs. Scott’s responsibilities include performing due diligence, recommending investments and having oversight for a portfolio of more than 200 limited partnerships and $15 billion in committed capital. Prior to joining PRIM, Scott worked on the private equity team at Liberty Mutual Group. He received a BS in management from Babson College.
Low Volatility Strategies
Eric holds a Ph.D. in Business Economics from Harvard University with a concentration in Behavioral Finance and spent seven years as a portfolio co-manager at Lee Munder Capital Group. He also worked at Independence Investments and Charles River Associates. Eric currently teaches a pair of graduate finance courses at Brandeis University.
As Senior Investment Officer – Public Markets, Sarah is responsible for the PRIM Board’s Public Markets investment programs, which includes construction of the plan’s portfolio allocations and oversight of the Domestic Equity, International Equity, Emerging Markets Equity, Global Natural Resource Equity, Core Fixed Income, and Value-Added Fixed Income asset classes. Prior to joining the PRIM Board in 2011, Sarah was an Associate Portfolio Manager with Boston Advisors and an Assistant Vice President/Analyst with Wellington Management Company. Sarah holds a Master of Business Administration from Boston University’s Graduate School of Management, and a BA in German and Business from the University of New Hampshire. She holds the Chartered Financial Analyst designation, and is a member of the CFA Institute, the Boston Security Analysts Society, and the Boston Economic Club.
Tim Schlitzer directs the investment activities for PRIM’s allocation to real estate and timberland. Tim’s responsibilities include portfolio oversight and manager selection for PRIM’s direct real estate, REIT and timberland investments. He also oversees 13 current manager relationships in both the private and public real estate and timber markets. Tim joined PRIM in 2005 and was previously employed by Grubb & Ellis, a publicly traded commercial real estate services company. He has received an MBA from Northeastern University in Boston, MA and holds a Bachelor of Arts Degree from the University of Massachusetts in Amherst, MA.
Paul Todisco returned to the PRIM staff on September 15, 2008 after a six-year hiatus. During that time, Paul served as the Executive Director of Health Care Security Trust (“HCST”), the endowment created by the Commonwealth to invest a portion of the annual payments Massachusetts receives from the landmark 1998 tobacco settlement that arose from a class action suit between 46 states and the big tobacco manufacturers. Between his service at HCST and PRIM, Paul has four decades of experience in the public investment fund arena. Having originally joined PRIM in 1984 as a seminal member of the staff, Paul played an integral role in developing PRIM’s modern client service program, in particular, working on legislative strategy that led to the passage of a bill that created the highly successful “Segmentation” program. Prior to joining PRIM, Paul served as Staff and Research Director for the Joint Committee on Public Service in the Massachusetts Legislature from 1982-1984, where he advised the Committee members on legislation concerning public pensions, collective bargaining, civil service, and state and municipal administrative matters. He is a graduate of Suffolk University (B.S. cum laude 1976).