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OHA trustees report back from PIMCO seminar; trustees flag scholarship for Native Hawaiian students

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Summary

Trustees who attended a PIMCO educational seminar described it as an intensive program and flagged a PIMCO scholarship program that allocates $2 million annually for underserved students, with individual awards up to $30,000; the current application cycle had closed and trustees said OHA staff will post future notices.

Trustee Keoni Souza, chair of the Office of Hawaiian Affairs Committee on Investments and Land Management, and Trustee Wahe'e reported on attending a PIMCO (Pacific Investment Management Company LLC) educational seminar in Newport Beach April 7–10, 2025 and highlighted a scholarship opportunity announced at the event.

The trustees described the PIMCO seminar as intensive and focused on fixed‑income investing. Trustee Wahe'e said the program felt “like a college intensive” with back‑to‑back sessions that provided a “crash course” on fixed income. Trustees said the event was limited in attendance—about 100 participants—and included opportunities for one‑on‑one meetings with PIMCO representatives.

Trustees called attention to a PIMCO scholarship program they learned about at the seminar. According to trustees’ remarks, PIMCO allocates $2,000,000 yearly for scholarships aimed at underserved communities; individual awards can be as much as $30,000. Trustees said the application period runs annually from Dec. 2 to Feb. 10 and that the deadline for the current cycle had already passed. Trustee Souza said she and Trustee Wahe'e asked PIMCO representatives Bill Murphy and Kevin Gray to provide updated solicitation materials so OHA can post them on its website ahead of the next application window.

Trustees encouraged colleagues to review the PIMCO materials and said staff—specifically endowment director Ryan Lee and the land division liaison who helped coordinate the trip—would follow up with attendees and circulate future dates for trustees who wish to attend. Trustee Wahe'e asked for a single OHA point of contact so prospective lessees or interested parties would not bypass agency channels; Laurie Walker, OHA land director, told the committee that inquiries about leasing should be directed to her.

The briefing included no formal motions about PIMCO or the scholarship program. Trustees said they will request PIMCO materials for posting and consider trustee participation in future seminars.

The seminar update occupied part of the committee’s briefing time and was presented as informational rather than a decision item.