Pension Fund

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Owens-Illinois Master Retirement Trust

O-I Glass is a leading glass bottle manufacturer, designing innovative glass packaging for the world's leading brands. We love infinitely recyclable,...

Owens-Illinois Master Retirement Trust logo

Owens-Illinois Master Retirement Trust

O-I Glass is a leading glass bottle manufacturer, designing innovative glass packaging for the world's leading brands. We love infinitely recyclable, healthy, sustainable glass packaging.

General information

Firm type

Pension Fund

Year founded

1903

Location

Region

North America

Country

United States

City

Perrysburg

Corporate office

Perrysburg, OH, United States

Principals

Gordon Hardie

Member of Executive Team (O-I Glass, Inc.)

Darrow A. Abrahams

Member of Executive Team (O-I Glass, Inc.)

Randy Burns

Member of Executive Team (O-I Glass, Inc.)

James Dalton

Member of Executive Team (O-I Glass, Inc.)

Donato Giorgio

Member of Executive Team (O-I Glass, Inc.)

Emmanuelle Guérin

Member of Executive Team (O-I Glass, Inc.)

John Haudrich

Member of Executive Team (O-I Glass, Inc.)

Eduardo Restrepo

Member of Executive Team (O-I Glass, Inc.)

Sector focus

Real EstatePrivate CreditHedge Funds

Frequently asked questions

How is the Owens-Illinois Master Retirement Trust structured?

It is a private sector pension fund that manages retirement assets for employees of O-I Glass, Inc. Harbor Capital Advisors — a former wholly-owned subsidiary of Owens-Illinois — functions as its primary investment advisor. This arrangement keeps investment management within the corporate lineage while operating at arm's length.

What is the relationship between the trust and Harbor Capital Advisors?

Harbor Capital Advisors was originally a subsidiary of Owens-Illinois before being spun off. It now serves as the primary investment advisor for the trust's funds, overseeing its equity, debt, and real estate portfolios. The arrangement links the trust’s current investment management directly back to its corporate origins.

Which asset classes does the trust invest in?

The trust holds three distinct portfolios: a globally invested Equity Securities Portfolio, a globally invested Debt Securities Portfolio, and a US commercial Real Estate Equity Trust. This configuration provides exposure to equities, fixed income, and physical real estate assets.

Where is the trust’s real estate portfolio concentrated?

The Real Estate Equity Trust is focused entirely on commercial properties located in the United States. Specific property types or individual assets have not been publicly disclosed.

Does the trust disclose its total assets or annual deployment?

No. The Owens-Illinois Master Retirement Trust has not publicly released its assets under management, annual deployment figures, or total portfolio value. Its investment footprint is only described in broad asset-class terms.

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