# Alabama Farmers Federation (ALFA)

Alabama Farmers Federation (ALFA) is a Pension Fund based in Montgomery, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Montgomery, United States
- **Region:** North America
- **Founded:** 1921
- **Assets under management:** 414 (Altss estimate)
- **Website:** http://alfafarmers.org
- **LinkedIn:** https://www.linkedin.com/company/alabama-farmers-federation

## Regulatory record

- **Reports private funds:** No

## About

Alabama Farmers Federation (ALFA) was established to represent Alabama farmers and operates a defined benefit pension plan. Jimmy Parnell serves as president of both the federation and Alfa Insurance. ALFA maintains a portfolio that includes direct ownership of Alfa Insurance, Alfa Mutual Insurance Company, Alfa Life Insurance Corporation, Trexis, and Alfa Realty. Confirmed holdings include Alfa Centennial Park in Clanton, both under development as mixed-use agricultural and event sites. The fund also holds a position in Ardian Secondary Fund IX. Geographic exposure centers on Alabama with additional service centers in Georgia and Mississippi. The organization employs no disclosed investment professionals beyond its executive leadership. ALFA maintains two foundations: Alabama Farmers Agriculture Foundation established in 2009 and Alfa Foundation established in 2014. Recent sponsorship activity includes the Young Farmers Conference in February 2026 and the Women's Leadership Conference in April 2026. ALFA's structure integrates pension management with 100 percent ownership of an insurance operating company, creating a closed-loop model where investment returns support both member benefits and the federation's insurance and real estate businesses.

## Sectors

- Insurance
- Real Estate

## People

- Jimmy Parnell — President

## Questions

### Who runs investment decisions at Alabama Farmers Federation (ALFA)?

Jimmy Parnell serves as president of both the Alabama Farmers Federation and Alfa Insurance.

### Does Alabama Farmers Federation (ALFA) participate in fund commitments or only direct deals?

ALFA holds a position in Ardian Secondary Fund IX and maintains direct ownership of operating businesses and real estate.

### What is Alabama Farmers Federation (ALFA)'s known posture on co-investments alongside external GPs?

ALFA has participated in at least one private equity secondary fund alongside other limited partners.

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- [Hollingsworth Funds](https://altss.com/profile/hollingsworth-funds)
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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/alabama-farmers-federation-alfa

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology