# Babcock & Wilcox

Babcock & Wilcox is a Pension Fund based in Akron, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Akron, United States
- **Region:** North America
- **Address:** 1200 E Market St, Suite 650, Akron, OH 44305, United States
- **Founded:** 1867
- **Assets under management:** 683 (Altss estimate)
- **Website:** babcock.com
- **LinkedIn:** https://www.linkedin.com/company/babcock-wilcox

## Regulatory record

- **Reports private funds:** No

## About

Babcock & Wilcox operates as an asset owner with a disclosed pension allocation of $683 million. No founding year or named wealth creator appears in available records. The entity traces to corporate operations in Akron, Ohio. Deployment centers on energy infrastructure and environmental services. Confirmed holdings include 100 percent ownership of FPS in Dartmouth, Canada, and Hamon Research-Cottrell in the United States. Additional positions cover Fosler Solar. Geographic reach includes North America and Europe through former subsidiaries in Italy and Sweden. Co-investor ties exist with Denham Capital on coal-to-gas conversions and with Applied Digital on mining energy projects. Team size and additional offices remain undisclosed. The Babcock & Wilcox Foundation supports education and community programs in the United States. May 2025: executives spoke at the B. Riley Institutional Investor Conference on asset sales and debt reduction. Ownership sits entirely with Babcock & Wilcox Enterprises, Inc., listed on the NYSE under ticker BW. This public-company linkage supplies the primary governance and capital structure rather than a separate family or institutional mandate.

## Sectors

- Energy
- Industrials

## Questions

### Does Babcock & Wilcox participate in fund commitments or only direct deals?

Activity centers on direct ownership of operating businesses such as FPS and Hamon Research-Cottrell. No fund commitments are recorded.

### What investment stages does Babcock & Wilcox typically target?

Holdings reflect mature operating assets in energy and environmental services. No early-stage or venture activity is documented.

### How is Babcock & Wilcox related to B. Riley Financial?

B. Riley Financial acts as largest institutional shareholder, investment advisor, and lender under an ongoing relationship that began in 2021.

## Related profiles

- [The Health Foundation](https://altss.com/profile/the-health-foundation)
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Last updated: 2026-07-11T00:52:21.000Z

Canonical page: https://altss.com/profile/babcock-wilcox-b-w

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