# Howard County (Md.) Retirement Master Trust

Howard County (Md.) Retirement Master Trust is a Pension Fund based in Columbia, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Columbia, United States
- **Region:** North America
- **Address:** Columbia, United States
- **Founded:** 1995
- **Assets under management:** 1.6B (Altss estimate)
- **LinkedIn:** https://www.linkedin.com/company/howard-county-government

## Regulatory record

- **Reports private funds:** No

## About

The Howard County (Md.) Retirement Master Trust was established by Howard County, Maryland to administer defined-benefit retirement plans for county employees. Rafiu O. Ighile, Director of Finance, and Scott Southern, Retirement Coordinator, handle day-to-day oversight. The trust maintains a diversified portfolio that includes a mixed-use REITs allocation, real assets funds and private credit commitments. Geographic exposure spans domestic markets and emerging markets debt positions. The Retirement Plan Committee holds formal authority over investment policy and operations. No additional offices or adjacent vehicles are disclosed. A seven-member committee structure governs administration. The trust operates as a county-administered public plan with no external manager or family-office overlay.

## Sectors

- Real Estate
- Private Credit

## People

- Rafiu O. Ighile — Director of Finance
- Scott Southern — Retirement Coordinator

## Questions

### Who runs investment decisions at Howard County (Md.) Retirement Master Trust?

Rafiu O. Ighile as Director of Finance and Scott Southern as Retirement Coordinator manage operations. A seven-member Retirement Plan Committee holds formal authority over the plan.

### What asset classes does the trust hold?

The portfolio includes REITs, real assets funds and private credit. It also maintains emerging markets debt exposure.

### Where does the underlying capital originate?

Assets derive from Howard County employee retirement contributions and county funding.

### Does the trust use external managers or direct investments?

It deploys through fund vehicles in real assets and private credit alongside REIT holdings.

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- [Blue Cross Blue Shield of Michigan](https://altss.com/profile/blue-cross-blue-shield-of-michigan-bcbsm)
- [Alpha Trust](https://altss.com/profile/alpha-trust)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/howard-county-md-retirement-master-trust

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