Hawaii ERS approves $60m commitment

The US public pension has backed an Americas-focused fund.

The Employees’ Retirement System of the State of Hawaii approved a $60 million commitment to KKR Real Estate Partners Americas II at yesterday’s board meeting, Chief Investment Officer Vijoy Chattergy confirmed in an email.

The $15.6 billion US public pension has a 5.54% commitment to private real estate.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.