# Amalgamated Transit Union, AFL-CIO/CLC

Amalgamated Transit Union, AFL-CIO/CLC is a Pension Fund based in Silver Spring, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Silver Spring, United States
- **Region:** North America
- **Address:** Silver Spring, MD, United States
- **Founded:** 1970
- **Assets under management:** Undisclosed
- **Website:** www.atu.org

## Regulatory record

- **Reports private funds:** No

## About

The Amalgamated Transit Union Pension Plan for International Officers and Employees was established in 1970 to provide retirement, disability, and death benefits to the union's officers and staff. The plan operates as a noncontributory defined benefit scheme, managed by trustees including International President John Costa and International Secretary-Treasurer Kenneth Ray Kirk. The sponsoring union, ATU, represents over 200,000 bus drivers, light rail operators, mechanics, and other transit workers across the United States and Canada. The plan deploys capital across a broad range of asset classes including venture capital, private equity, real estate, and public equities. Its venture strategy spans early-stage seed investments through late-stage expansion rounds. Directly owned assets include the ATU International Headquarters at 21 Dupont Circle in Washington, D.C. and the Tommy Douglas Conference Center, a mixed-use facility on a former labor college campus in Silver Spring, Maryland. The fund maintains strategic relationships within the broader AFL-CIO ecosystem, including ties to the Transportation Trades Department and the BlueGreen Alliance, a labor-environmental coalition. The pension fund operates with an internal team anchored by elected union leadership who serve as trustees, with investment decisions flowing through the International President and Secretary-Treasurer's offices. Recent activity mirrors the union's operational tempo — in May 2024, the ATU engaged heavily with House surface transportation legislation aimed at boosting transit safety and ridership, signaling the policy environment the pension fund navigates. The plan's investments remain closely tied to the union's institutional network rather than an external asset management brand. Structurally, the plan is unusual among US pension funds in operating without a separately named chief investment officer, instead routing fiduciary authority through elected union officials — a governance model that embeds labor-movement priorities directly into asset stewardship. The ATU's ownership of a conference center and Washington real estate through the plan further distinguishes it from peer funds that outsource property exposure to third-party managers.

## Sectors

- Early Stage
- Venture (General)
- Expansion / Late Stage
- Infrastructure

## People

- John A. Costa — International President and Trustee of the Pension Plan
- Javier M. Perez Jr. — International Executive Vice President and Trustee of the Pension Plan
- Yvette Trujillo — International Executive Vice President
- Kenneth Ray Kirk — International Secretary-Treasurer and Trustee of the Pension Plan

## Related profiles

- [Saint John's on the Lake](https://altss.com/profile/saint-johns-on-the-lake)
- [St. Joseph's Health Care London](https://altss.com/profile/st-josephs-health-care-london)

---

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

Canonical page: https://altss.com/profile/amalgamated-transit-union-afl-cioclc

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