
Alternatives
Hawaii Makes $25M Venture Capital Investment for Local Growth
The state pension plan said local fund managers can expect to see an increase in commitments.
Pension fund returns 5.8%, a whole point-plus more than the goal.
Increased contributions and stress tests are key to Hawaii’s financial health.
Actuary forecasts it will take 25 years for retirement system to become fully funded.
Head of Maryland’s quant strategies group will replace Vijoy Chattergy.
Fund expected to boost impact allocations over the long term.