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Amalgamated National Health Fund
The Amalgamated National Health Fund traces its structure to the consolidation of multiple union health funds now aligned with Workers United, an SEIU...
Amalgamated National Health Fund
The Amalgamated National Health Fund traces its structure to the consolidation of multiple union health funds now aligned with Workers United, an SEIU affiliate. Edgar Romney Sr. also serves as trustee alongside his role as Secretary-Treasurer of Workers United. The fund operates as a Taft-Hartley vehicle that supplies health and welfare benefits rather than traditional investment deployment. Confirmed holdings include a stake in Local 169 Realty Corporation in New York and bankruptcy claims tied to Neiman Marcus, Nine West and HMX. Geographic reach centers on employers across the United States. No public disclosure exists on total assets or professional headcount. The fund maintains ties to Amalgamated Bank and Amalgamated Life Insurance Company within the broader Amalgamated Family of Companies. It lists affiliations with the Amalgamated Foundation and Sidney Hillman Foundation. Governance rests with trustees drawn from labor leadership, creating direct linkage between plan administration and the founding union network rather than external investment committees.
General information
Firm type
Pension Fund
Year founded
1945
Location
Region
North America
Country
United States
City
White Plains
Corporate office
White Plains, NY, United States
Principals
Julie Kelly
Trustee
Edgar Romney Sr.
Trustee
Sector focus
Frequently asked questions
Who runs investment decisions at Amalgamated National Health Fund?
Trustees Julie Kelly and Edgar Romney Sr. oversee the fund. No separate CIO or external investment committee is identified in available records.
How does Amalgamated National Health Fund source proprietary deal flow?
The fund does not disclose an active investment sourcing process. Its recorded positions appear tied to legacy union real estate and bankruptcy claims.
Is Amalgamated National Health Fund structured as a single family office or does it operate more like a venture firm?
It functions as a multi-employer Taft-Hartley pension fund, not a family office or venture vehicle.
Does Amalgamated National Health Fund participate in fund commitments or only direct deals?
Available information shows only direct holdings such as Local 169 Realty Corporation and select bankruptcy claims.
Where does the underlying wealth come from?
The fund originated from the merger of health plans affiliated with unions that are now part of Workers United (SEIU).
How is Amalgamated National Health Fund related to Amalgamated Bank?
Amalgamated Bank serves as a strategic financial partner with shared labor-movement heritage.
Does Amalgamated National Health Fund maintain philanthropic structures, and how are they separated?
It lists the Amalgamated Foundation and Sidney Hillman Foundation as associated entities.
Profile maintained by Altss 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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