MANILA – The Government Service Insurance System (GSIS) has bolstered its pension fund with a substantial $272 million payout from the Macquarie Asia Infrastructure Fund 2 (MAIF2) as of December 30, 2024. This financial boost, equivalent to about PHP15.8 billion, comes from the sale of MAIF2’s shares in AirTrunk, a leading data center operator in the region. GSIS has now fully recovered its initial investment in MAIF2, which is managed by Macquarie Asset Management (MAM). GSIS President and General Manager Arnulfo ‘Wick’ Veloso highlighted the positive impact of this development, stating that the funds will help strengthen the financial health of GSIS and ensure the pension payments for retired civil servants. Veloso praised the infrastructure investments made through MAM’s funds, noting their role in enhancing retirement security and supporting essential infrastructure. GSIS’s collaboration with MAM began in 2012 with investments in the Philippine Investment Alliance for Infrastructure (PINAI), aimed at improving local infrastructure. The partnership expanded in 2017 and 2021 with investments in MAM’s regional infrastructure funds, diversifying GSIS’s portfolio and aiming for long-term gains. GSIS adopts a balanced investment approach, with 70% of its portfolio in low-risk assets for stability, and a portion in higher-yield infrastructure investments. Veloso stressed that these investments are crucial for responsibly managing funds for the benefit of government employees. MAM, managing around AUD916.8 billion across 25 markets, has been instrumental in providing sustainable returns and supporting infrastructure development in the Philippines and throughout Asia.
GSIS Receives $272 Million from Infrastructure Fund, Enhancing Pension Stability
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