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Hawaii commits $40m to real estate debt

by Zoë Wolff

The $13.9 billion Hawaii Employees’ Retirement System has committed an additional $40 million to H/2 Capital Partners, according to recent meeting documents.

The pension fund previously committed $30 million to H/2 Core Real Estate Debt Fund in 2015. The open-end debt fund invests in real estate loans on core properties across the United States.

The pension fund has a 6.2 percent target allocation to real estate.

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