“Governing” contributor Jill Eicher writes about the potential of funding pension funds with “cash-generating public assets or dedicated funding streams,” and notes, “One of the most profitable in-kind contributions made to a pension fund was the conveyance in 2011 of a toll-road network owned by Australia’s Queensland state government to the state’s pension fund. Queensland Investment Corporation, the fund’s savvy manager, restructured the business, added two additional roads to the toll network and sold the asset three years later at a $3.8 billion profit for the pension fund.”
