PERAC Approval Date |
Regulation Number |
Supplemental Investment Regulation |
| August 15, 2008 | Notwithstanding the provision of the Code of Massachusetts Regulation 840 CMR 21.01(2), (3)(a) & (b), (4)(a) & (b), and (5), the Hampshire County Retirement System through its duty constituted Retirement Board may invest funds of the Retirement System in the fund known as Shenkman Capital Management, Inc., General Partner of Credos Floating Rate Fund, L.P. Shenkman Capital Management, Inc., General Partner of Credos Floating Rate Fund, L.P., shall not be subject to the existing provisions of 840 CMR 21.01(2), (3)(a) & (b), (4)(a) & (b), and (5), but shall be subject to the prohibited investment provisions under ERISA guidelines. The prohibited investment provisions that apply to the Shenkman Capital Management, Inc., General Partner of Credos Floating Rate Fund, L.P., portfolio shall be defined relying upon ERISA statutory exemptions and the administrative class exemptions and regulations, specifically QPAM Exemption 84-14, as amended (“PTCE 84-14”), Prohibited Transaction Class Exemption 91-38 (“PTCE 91-38”) issued by the Department of Labor and other ERISA applicable regulations. |
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| August 15, 2008 | Notwithstanding the provision of the Code of Massachusetts Regulation 840 CMR 21.01(2), (3)(a) & (b), (4)(a) & (b), and (5), the Hampshire County Retirement System through its duty constituted Retirement Board may invest funds of the Retirement System in the fund known as Primus High Yield Bond Fund, L.P. Shenkman Capital Management, Inc., General Partner. Primus High Yield Bond Fund, L.P. Shenkman Capital Management, Inc., General Partner, shall not be subject to the existing provisions of 840 CMR 21.01(2), (3)(a) & (b), (4)(a) & (b), and (5), but shall be subject to the prohibited investment provisions under ERISA guidelines. The prohibited investment provisions that apply to the Primus High Yield Bond Fund, L.P. Shenkman Capital Management, Inc., General Partner, portfolio shall be defined relying upon ERISA statutory exemptions and the administrative class exemptions and regulations, specifically QPAM Exemption 84-14, as amended (“PTCE 84-14”), Prohibited Transaction Class Exemption 91-38 (“PTCE 91-38”) issued by the Department of Labor and other ERISA applicable regulations. |
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August 16, 2007 |
21.01(2)(3)(4)(5) |
Notwithstanding the provisions of any statute or regulations of the Public Employee Retirement Administration Commission to the contrary, including the provisions of 840 CMR 21.01(2)(3)(4) and (5), the Hampshire County Retirement Board is hereby granted an exemption from restrictions on investment and may invest a portion of the funds of the Hampshire County Retirement System (the “System”) in the fund known as the GMO Global Balanced Asset Allocation Fund of Grantham, Mayo, Van Otterloo & Company LLC. |
July 20, 2007 |
21.01(2)(3)(4)(5) |
Notwithstanding the provisions of any statute or regulations of the Public Employee Retirement Administration Commission to the contrary, including the provisions of 840 CMR 21.01(2)(3)(4) and (5), the Hampshire County Retirement Board is hereby granted an exemption from restrictions on investment and may invest a portion of the funds of the Hampshire County Retirement System (the “System”) in the fund known as the EB Daily Valued Global Alpha I Fund of Mellon Capital Management Corporation. |
July 20, 2007 |
21.01(2)(3)(4)(5) |
Notwithstanding the provisions of any statute or regulations of the Public Employee Retirement Administration Commission to the contrary, including the provisions of 840 CMR 21.01(2)(3)(4) and (5), the Hampshire County Retirement Board is hereby granted an exemption from restrictions on investment and may invest a portion of the funds of the Hampshire County Retirement System (the “System”) in the fund known as the PIMCO All Asset Fund. |
August 9, 2005 |
16.04 |
Update to 3/26/04 approval: PRIT Alternative Investments Vintage Year 2005 and PRIT Core Real Estate Portfolio have been added |
June 10, 2005 |
16.04 |
Update to 3/26/04 approval: Per board's request, Henderson Real Estate Investors (RESA) and Sentinel Realty Partners VII have been removed. |
March 26, 2004 |
16.04 |
The Hampshire County Retirement System is authorized to act as custodian of the records of investment of the Board’s assets invested in Real Estate and Alternative Investments. The Hampshire County Retirement Board shall insure that the Commission will be provided the reports and information required pursuant to 840 CMR 4.00. This exemption shall apply to the Board’s following investments: Ascent Venture Partners III Please be further advised that these supplemental regulations are made retroactive for those years not yet audited by PERAC |
January 12, 2004 |
16.08 |
In accordance with PERAC Investment Guideline 99-3, the Hampshire County Retirement Board is authorized to invest in Ascent Venture Partners IV, L.P. The board has been a satisfied investor in Ascent Venture Partners III and has submitted updated regulatory documents pertaining to its current and future investments with Ascent. |