BAC Administrative District Council 1 of Illinois

BAC Administrative District Council 1 of Illinois

The Administrative District Council 1 Pension Fund was established in 1962 to administer retirement, disability, and death benefits for eligible participants in the bricklaying and trowel trades. It operates under the oversight of the International Union of Bricklayers and Allied Craftworkers and maintains collective bargaining relationships with multiple Illinois locals. The fund deploys capital across real estate, private equity, and fixed-income vehicles. Confirmed holdings include positions in ARA Core Property Fund, Blackstone Capital Partners IV, and Kayne Anderson Capital Advisors, all held through the Administrative District Council 1 Pension Fund. It also maintains an allocation to the AFL-CIO Housing Investment Trust focused on multi-family housing. Geographic exposure centers on the United States with additional holdings noted as global in scope. The organization maintains two primary properties in the Chicago area: the BAC Administrative District Council 1 Union Hall in Elmhurst and the District Council Training Center in Addison. It participates in the Forest Preserve Foundation through sponsorship of the Conservation Cup event in 2022. Service providers include American Realty Advisors, Blackstone, Kayne Anderson Capital Advisors, BlackRock Institutional Trust Company, and Bank of America Merrill Lynch. Governance flows through the parent international union and local affiliates rather than a single-family structure, with investment decisions executed via external managers and limited-partner commitments.