Bricklayers and Trowel Trades International Pension Plan

Bricklayers and Trowel Trades International Pension Plan

The Bricklayers and Trowel Trades International Pension Plan was created in 1972 by the International Union of Bricklayers and Allied Craftworkers together with contractor associations. It operates as a multiemployer defined benefit plan whose assets are held for the exclusive purpose of paying benefits to covered union members. The plan maintains positions in commercial real estate vehicles including Building for America Fund III, AllianceBernstein U.S. Real Estate Partners II, and Heitman Value Partners Fund II. It also participates in Union Construction Financing and holds assets in the International Retirement Savings Plan and the BAC Save 401(k) Plan. All activity remains concentrated inside the United States. Timothy J. Driscoll and Robert J. Arnold hold senior roles at the sponsoring union and sit on the plan's board. No public data exists on total assets, professional headcount, or any transaction completed in the last 24 months.