DFX Intelligence
Allocator Intelligence
The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.
State retirement system
Hawaii Employees' Retirement System
State retirement systemstate generalHI
Assets
$24B
Total assets, Jun 30, 2024 derived
Funded
n/a
not filed
Private markets target
0.0%
policy Jun 30, 2024
Commitments
0
none on the tape
Allocation policy
ACFR, as of Jun 30, 2024
| Asset class (as printed) | Bucket | Target | Range | Actual | Gap | Basis |
|---|---|---|---|---|---|---|
| Opportunities / Other | Other | 0.0% | reported ers.ehawaii.gov |
Policy periods on the tape: Jun 30, 2024 (ACFR), Jan 1, 2024 (ACFR), Jul 1, 2022 (ACFR). Target changes between periods are on the what changed list.
Consultants and advisers
2 firms
- Meketa Investment Group Inc. General consultantthrough Jun 30, 2024 ACFR
- Gabriel, Roeder, Smith & Company Actuarythrough Jun 30, 2024 ACFR
People
2 roles
Chief investment officer
Kristin Varela
Chief Investment Officer (Jun 30, 2024) ers.ehawaii.gov
KRISTIN VARELA, Chief Investment Officer
- Thomas Williams Executive DirectorExecutive director / CEO
Manager roster
No manager relationship is on the tape for this allocator.
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
46 readings
Total pension liability
What changed
3 events
- Jun 30, 2024Assets changedHawaii Employees' Retirement System total assets $22.5B -> $23.6B (+5.0%, 2023-06-30 to 2024-06-30)
- Jan 1, 2024Allocation target changedHawaii Employees' Retirement System cut its Diversifying Strategies target 35.0% -> 30.0% (2022-07-01 to 2024-01-01)
- Jan 1, 2024Allocation target changedHawaii Employees' Retirement System raised its Broad Growth target 65.0% -> 70.0% (2022-07-01 to 2024-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 226219
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 16, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.