Massachusetts Pension Head Travaglini Resigns, Heads for Grosvenor Capital

The head of Massachusetts’ main pension fund, Michael Travaglini, reportedly will be resigning as executive director of the state’s Pension Reserves Investment Management Board, effective June 11, 2010, and moving to Chicago-based asset management firm Grosvenor Capital Management LP in July as a managing director in the firm’s client group.

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