Pension Fund

Updated:

1199SEIU Home Care Employees Pension Fund

1199SEIU Health Care Employees Pension Fund was established in 1997 in New York City. It serves hospital and nursing home workers in the region.

1199SEIU Home Care Employees Pension Fund

1199SEIU Health Care Employees Pension Fund was established in 1997 in New York City. It serves hospital and nursing home workers in the region. The fund focuses on investments in the biotech and life science sectors.

General information

Firm type

Pension Fund

Year founded

1997

AUM

547 (Altss estimate)

Location

Region

North America

Country

United States

City

New York

Corporate office

Principals

Lorraine Monchak

Chief Investment Officer

Donna Rey

Executive Director and Plan Administrator

Rona Shapiro

Union Trustee and Executive VP of 1199SEIU

Sector focus

Real EstateFinancial ServicesHealthcareVenture Capital

Frequently asked questions

Who runs investment decisions at 1199SEIU Home Care Employees Pension Fund?

Lorraine Monchak serves as Chief Investment Officer. External advisor Segal Marco Consulting Group has supported the fund since 2011.

Does the fund participate in fund commitments or only direct deals?

The fund holds limited partnership interests in vehicles managed by Apollo Global Management, HPS Investment Partners, Siguler Guff and HarbourVest Partners.

What asset classes does the fund allocate to?

Allocations include real estate through direct holdings and funds, public equities and private market partnership interests.

Where does the underlying wealth come from?

The fund receives contributions from employers of home care workers represented by 1199SEIU United Healthcare Workers East.

How is the fund related to 1199SEIU United Healthcare Workers East?

The union sponsors the pension fund and appoints trustees including Rona Shapiro.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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