# Altria Group Pension Fund

Altria Group Pension Fund is a Pension Fund based in Richmond, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Richmond, United States
- **Region:** North America
- **Address:** Richmond, VA, United States
- **Founded:** 1919
- **Assets under management:** Undisclosed
- **Website:** www.altria.com
- **LinkedIn:** https://www.linkedin.com/company/altria

## Regulatory record

- **Reports private funds:** No

## About

The Altria Group Pension Fund was established to deliver retirement and post-retirement benefits to employees of Altria Group, Inc. Oversight ties directly to the parent company's finance function. The fund holds a fixed income portfolio focused on the United States, below investment grade securities, and emerging markets exposure. It maintains relationships with Philip Morris International following the 2008 spin-off and with Anheuser-Busch InBev through Altria's equity stake. Sal Mancuso serves as Executive Vice President and Chief Financial Officer and Billy Gifford serves as Chief Executive Officer of the sponsoring corporation. The fund operates as a corporate defined benefit plan with governance integrated into Altria Group financial management.

## Sectors

- Fixed Income

## People

- Sal Mancuso — Executive Vice President & Chief Financial Officer
- Billy Gifford — Chief Executive Officer

## Questions

### Who runs investment decisions at Altria Group Pension Fund?

Investment oversight rests with Altria Group finance leadership. Sal Mancuso as EVP and CFO participates in plan supervision.

### What asset classes does the fund hold?

The portfolio includes fixed income securities in the United States, below investment grade holdings, and emerging markets exposure.

### How is the fund related to Philip Morris International?

Philip Morris International was spun off from Altria in 2008. Employee matters agreements address ongoing pension credit arrangements.

### Does the fund invest alongside external parties?

Altria Group's stake in Anheuser-Busch InBev influences corporate cash flows that support pension funding.

## Related profiles

- [Altra Investments](https://altss.com/profile/altra-investments)
- [Altron Group Pension Fund](https://altss.com/profile/altron-group-pension-fund)

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Last updated: 2026-06-03T20:00:00.000Z

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