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REAL ASSETS
Infrastructure

HMC’s investment success in power and infrastructure dates back more than three decades. During that
time, the industry has undergone profound changes — both market and regulatory — virtually all of
which have afforded us opportunities to create value for our investors.

he foundation of our strategy is a disciplined applicable, the support and guidance) necessary to ensure that our
investment focus and a strong, stable team assets maintain absolute best practices at all times. “With everything
that brings a diverse range of hands-on industry from safety and efficiency to our role as good neighbors in the
experience to each investment. “Having team community, our mindset is not to cut costs,” Molony explains, “but
members with successful backgrounds as rather to uphold the highest standards for good operations. Nothing
T developers, builders, owner-op- is more important to generating long-term returns
erators and managers gives us significant advantages than consistently meeting customer needs.”
in so many areas,” says strategy CEO Pat Molony.
“Particularly in identifying and implementing All of which is why, since our initial fund was launched
value-add initiatives at portfolio assets during in 1996, the Infrastructure strategy has enjoyed a
an investment’s hold period — which can have a loyal and growing core of investors — who’ve come
substantial impact on market returns.” to count on our team for sound underwriting and
attractive risk-adjusted returns, which can provide
Just as importantly, our team members routinely current income, downside protection, opportunities
draw on their industry expertise in serving as active for capital gains and inflation protection.
managers — providing the resources (and, when

“HMC’s team is the reason we’ve been participants in four straight Power and Infrastructure
funds. In a world, and a market, of continuous change, they’ve consistently delivered solid,
stable returns for us.”

rich Bielen
President / CEO, Protective Life Corporation

$1.9 Billion

Power and Infrastructure Assets Under Management
Across Three Active Funds, Including a Managed Account
19.6%

Net Internal Rate of Return
Across Five Funds

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