Pension Fund

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Honeywell International Master Retirement Trust

Honeywell International Inc. established the trust to manage pension assets for its employees. The parent company, founded in 1885, remains the primary...

Honeywell International Master Retirement Trust logo

Honeywell International Master Retirement Trust

Honeywell International Inc. established the trust to manage pension assets for its employees. The parent company, founded in 1885, remains the primary contributor. The trust deploys capital into private equity funds and co-investments. Confirmed positions include commitments to GHO Capital, Navis Capital Partners and BBH Capital Partners V. It also holds public equities such as Prologis and Simon Property Group. Allocations span North America, Europe and Asia. Assets totaled $15.9B at year-end 2023. The trust works with custodians State Street Bank and Trust Company and Northern Trust. It participates in the National Association of Investment Companies. January 2026: Acted as anchor investor in Indian SME IPOs. Governance flows through the Pension Investment Committee, which appoints investment fiduciaries separate from Honeywell operating management.

General information

Firm type

Pension Fund

Year founded

1885

Location

Region

North America

Country

United States

City

Charlotte

Corporate office

855 South Mint Street, Charlotte, NC 28202, United States

Sector focus

Private EquityHedge Funds

Frequently asked questions

Who runs investment decisions at Honeywell International Master Retirement Trust?

The Pension Investment Committee appoints investment fiduciaries. Honeywell Capital Management serves as an investment advisor.

Does the trust participate in fund commitments or only direct deals?

The trust makes limited partnership commitments to private equity funds and holds select direct positions.

What asset classes receive allocations?

Allocations include private equity at 9.04% of assets plus hedge funds and public equities.

Where does the underlying wealth come from?

Assets derive from contributions by Honeywell International Inc. to its domestic employee benefit plans.

Does the trust maintain philanthropic structures?

The related Honeywell Foundation focuses on education and community impact, separate from the pension trust.

Which regions does the trust target for investments?

The trust holds positions in North America, Europe and Asia through fund commitments and public securities.

How is the trust related to Honeywell International Inc.?

The trust manages pension assets of Honeywell employees with the parent company as primary contributor.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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