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David Simons
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20 Years, and “Poof”
After two decades the Massachusetts pension fund hires a new investment-consulting firm.
David Simons June 18, 2009
Travaglini speaks at the Reuters Global Hedge Fund and Private Equity Summit in New York

Michael Travaglini, executive director of the Massachusetts state pension fund, speaks at the Reuters Global Hedge Fund and Private Equity Summit in New York April 7, 2008. REUTERS/Brendan McDermid (UNITED STATES)

BRENDAN MCDERMID/REUTERS

All things must pass, even at the $34 billion Massachusetts state pension fund, which after two decades has hired a new investment-consulting firm. Chicago-based Ennis, Knupp & Associates will provide general and alternative-strategies programs. Being replaced is Stephen Nesbitt of consulting firm Cliffwater, based in

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