Pension Fund

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HRM Pension Plan

HRM Pension Plan was established April 1, 1998, through consolidation of several Halifax Regional Municipality sponsored plans. It operates as a multi-employer...

HRM Pension Plan logo

HRM Pension Plan

HRM Pension Plan was established April 1, 1998, through consolidation of several Halifax Regional Municipality sponsored plans. It operates as a multi-employer defined benefit vehicle providing retirement income to municipal workers and their beneficiaries. The plan holds a Canadian and global real estate portfolio valued at C$434M, an infrastructure portfolio valued at C$372M, a private debt sleeve valued at C$124M, and an Ontario Green Bond position of C$35M. Confirmed holdings include limited partner positions in 17Capital. Allocations span North America and Europe alongside Canadian assets. The plan employs 18 professionals and maintains memberships in the Association of Canadian Pension Managers and Pension Investment Association of Canada. September 2023: Joined the ESG Data Convergence Initiative to streamline ESG data reporting. Service providers include Northern Trust Canada as custodian and Mercer as investment consultant.

General information

Firm type

Pension Fund

Year founded

1998

Location

Region

North America

Country

Canada

City

Halifax

Corporate office

1809 Barrington Street, Suite 1108, CIBC Building, Halifax, Nova Scotia, Canada

Principals

Paula Boyd

Chief Executive Officer

Vishnu Mohanan

Director, Private Markets

Darin Eddy

Director, Public Markets

Sector focus

Real EstateInfrastructurePrivate Credit

Frequently asked questions

Who runs investment decisions at HRM Pension Plan?

Paula Boyd serves as CEO. Vishnu Mohanan directs private markets and Darin Eddy directs public markets.

Does HRM Pension Plan participate in fund commitments or only direct deals?

The plan acts as limited partner in funds including 17Capital and Kainos Capital and holds co-investments in private credit.

What asset classes does HRM Pension Plan allocate to?

Allocations include public equities, Canadian and global real estate, infrastructure, private debt, and green bonds.

Where does HRM Pension Plan invest geographically?

The plan invests in Canada, North America, Europe, and global markets through index funds and private vehicles.

How is HRM Pension Plan related to Halifax Regional Municipality?

The municipality is the sponsoring employer and founder of the plan.

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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