"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."