Publications

Investors - JANUARY 21, 2014

Hawaii ERS commits $50m to infrastructure

by Andrea Waitrovich

The $12.9 billion Hawaii Employees’ Retirement System has committed $50 million to McMorgan Infrastructure Fund, confirms Vijoy Chattergy, CIO of the pension fund. Courtland Partners advised Hawaii ERS on the investment.

McMorgan Infrastructure Fund is a feeder vehicle into the Global Strategic Investment Alliance, a $10 billion consortium of investors led by a $5 billion commitment from the Ontario Municipal Employees Retirement System. The fund plans to hold a close in March.

This is Hawaii ERS’ first investment in the vehicle and into a direct investment infrastructure fund. The commitment is part of the pension fund’s real return assets portfolio, which has a 5 percent target.

 

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?