Pension Fund

Updated:

Carpenter Co.

Carpenter Co. Profit-Sharing Plan was established in 1964 to serve the retirement needs of the Richmond-based manufacturer founded by Stanley Pauley in 1950.

Carpenter Co. logo

Carpenter Co.

Carpenter Co. Profit-Sharing Plan was established in 1964 to serve the retirement needs of the Richmond-based manufacturer founded by Stanley Pauley in 1950. The plan remains tied to the operating company, which produces foams and insulation materials across multiple U.S. and European facilities. The plan allocates to private equity and venture strategies. Confirmed positions include commitments to LM Carpenter Co-Invest-A I LP and LM Carpenter Co-Invest I LP through Lovell Minnick Partners, plus holdings in GEMS Fund via Golub Capital and Morgan Stanley Private Equity Asia III. Geographic exposure spans the United States and Asia. The plan reports 287 million USD in assets. Brad Beauchamp, current President and CEO of Carpenter Co., oversees plan management. Adjacent structures include the Pauley Family Foundation and Endeavour Legacy Foundation, both funded from company equity. The plan operates as a corporate defined-benefit vehicle rather than an independent family office, with investment decisions executed through a small set of retained managers including Lovell Minnick Partners and Golub Capital.

General information

Firm type

Pension Fund

Year founded

1964

Location

Region

North America

Country

United States

City

Maitland

Corporate office

5016 Monument Avenue, Richmond, VA 23230, United States

Principals

Brad Beauchamp

President and CEO

Stanley Pauley

Founder (deceased 2020)

Sector focus

IndustrialsPrivate Equity

Frequently asked questions

Who runs investment decisions at Carpenter Co. Profit-Sharing Plan?

Brad Beauchamp, President and CEO of Carpenter Co., oversees plan management. External advisors including Lovell Minnick Partners and Golub Capital execute commitments.

Does Carpenter Co. Profit-Sharing Plan participate in fund commitments or only direct deals?

The plan participates in fund commitments and co-invest vehicles. Positions include LM Carpenter Co-Invest I LP and GEMS Fund.

Where does the underlying wealth come from?

The plan is funded by Carpenter Co., the polyurethane foam manufacturer founded by Stanley Pauley in 1950.

How is Carpenter Co. Profit-Sharing Plan related to the Pauley Family Foundation?

The foundation was established by Stanley and Dorothy Pauley and funded primarily by equity in Carpenter Co.

What investment stages does Carpenter Co. Profit-Sharing Plan typically target?

The plan targets buyout, growth, early-stage venture, and venture debt strategies through its external managers.

Profile maintained by 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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