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Avaya
Avaya was spun off from Lucent Technologies in 2000. The pension plan continues as the successor vehicle for the original Lucent plan. It operates from...
Avaya
Avaya was spun off from Lucent Technologies in 2000. The pension plan continues as the successor vehicle for the original Lucent plan. It operates from Morristown, New Jersey. The plan allocates across real estate, balanced strategies, buyouts, distressed debt, fund-of-funds vehicles, and natural resources. Confirmed holdings include a U.S. real estate portfolio in commingled funds and direct ownership of the former headquarters site in Santa Clara, California. Geographic exposure centers on the United States with additional positions through limited partner commitments. Assets total $680 million. Service providers include BNY Mellon as trustee and custodian since 2017 and Evercore Group as financial advisor since 2023. The plan maintains one related VEBA trust established in 2004 for post-retirement health benefits. The plan functions as a successor pension vehicle under PBGC oversight for its terminated salaried component, with ongoing hourly plan administration tied to labor unions CWA and IBEW.
General information
Firm type
Pension Fund
Location
Region
North America
Country
United States
City
Morristown
Corporate office
350 Mount Kemble Avenue, Morristown, NJ 07962, United States
Sector focus
Frequently asked questions
Who runs investment decisions at Avaya Pension Plan?
No named investment professionals appear in public records. Decisions are executed through external providers including BNY Mellon and Evercore Group.
What asset classes does the Avaya Pension Plan hold?
The plan holds U.S. real estate through commingled funds and separate accounts, plus allocations to balanced, buyout, distressed debt, fund-of-funds, and natural resources strategies.
How is the Avaya Pension Plan related to Lucent Technologies?
The plan is the direct successor to the Lucent Technologies Inc. Pension Plan following the 2000 spin-off that created Avaya.
Does the Avaya Pension Plan participate in private equity or real estate funds?
Yes. It maintains a U.S. real estate portfolio in commingled funds and separate accounts and has executed limited partner commitments in buyout and other private strategies.
What service providers support the Avaya Pension Plan?
BNY Mellon serves as trustee and custodian. Evercore Group acts as financial advisor. Additional providers include Voya Financial, Aetna, and MetLife.
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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