Employees’ Retirement System of the State of Hawaii Focused On Portfolio Efficiency | CIO Elizabeth Burton | Q&A
Elizabeth Burton is the chief investment officer at the Employees’ Retirement System of the State of Hawaii (“HIERS”), a $20 billion pension investment fund. In this interview, she emphasized the importance of attracting and retaining investment talent while being on an island; why the plan has adopted a more conservative investment approach; and how they're laser-focused on running an efficient system.
The Haseko Center in Downtown Honolulu is one of the recent purchases by California-based Atalanta Realty Investments, which is looking for more investments in Hawaii....
The board will be meeting with Macquarie to investigate the effects of the firm's organizational change.
It is projected that the EWC will have approximately $10 - $15 million in unrestricted long- term investments. For purposes of your proposal, please assume all funds are liquid and can be readily transferred.