MassPRIM Exec Resigns –

James Hearty, executive director of Massachusetts Pension Reserve Investment Management Board (MassPRIM), resigned earlier this month. He is being replaced on an interim basis by Karen Gershman, who has served as MassPRIM’s chief financial officer since 2001.

MassPRIM was last in the news when it engaged in a public battle with the Massachusetts attorney general over the disclosure of private equity performance data. Theboard is in charge charge of Massachusetts’ roughly $31 billion in pension assets.