# Carpenter Funds Administrative Office of Northern California

Carpenter Funds Administrative Office of Northern California is a Taft-Hartley Pension Fund based in Oakland, United States.

## Overview

- **Organization type:** Taft-Hartley Pension Fund
- **Headquarters:** Oakland, United States
- **Region:** North America
- **Address:** 265 Hegenberger Road, Suite 100, Oakland, CA 94621, United States
- **Founded:** 1981
- **Assets under management:** 2.9B (Altss estimate)
- **Website:** carpenterfunds.com
- **LinkedIn:** https://www.linkedin.com/company/carpenter-funds-administrative-office-of-northern-california-inc.

## Regulatory record

- **Reports private funds:** No

## About

The Carpenter Funds Administrative Office of Northern California was established in 1981 to manage multi-employer benefit plans sponsored by the United Brotherhood of Carpenters and Joiners of America. It handles health, retirement, vacation, and training benefits for union members in the region. The office allocates across real estate, private equity, and public equities. Confirmed holdings include commitments to ASB Real Estate Investments, the Intercontinental U.S. REIF, the AFL-CIO Building Investment Trust, and Hamilton Lane private equity mandates. Geographic exposure centers on the United States with a focus on Northern California properties and national fund commitments. The firm employs 46 professionals at its Oakland headquarters. It maintains relationships with service providers including ASB Capital Management, Chevy Chase Trust Company, and The Segal Company. Attendance at the IFEBP Annual Employee Benefits Conference in November 2024 and the NCCMP Annual Conference in September 2024 reflects ongoing engagement with multiemployer plan governance. The office operates as the dedicated administrator for union-negotiated Taft-Hartley plans, separating investment decisions from direct union control through trustee structures that include both labor and employer representatives.

## Sectors

- Real Estate
- Private Equity

## People

- Jay Rivera — Executive Director
- William Feyling — Administrator

## Questions

### Who runs investment decisions at Carpenter Funds Administrative Office of Northern California?

Jay Rivera serves as Executive Director. Investment advisors such as ASB Capital Management and Meketa Investment Group support asset allocation and manager selection.

### Does Carpenter Funds Administrative Office participate in fund commitments or only direct deals?

The office makes commitments to external funds including ASB Real Estate Investments and Hamilton Lane private equity mandates alongside direct real estate holdings.

### What asset classes does Carpenter Funds Administrative Office target?

Allocations include private equity at roughly 1.8 percent of assets, real estate through direct holdings and funds, and public equities via commingled vehicles and separate accounts.

### How is Carpenter Funds Administrative Office related to the United Brotherhood of Carpenters?

The office administers benefit funds for the union's Northern California members under agreements negotiated with the Northern California Carpenters Regional Council.

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- [Minnesota Laborers Pension Fund](https://altss.com/profile/minnesota-laborers-pension-fund)
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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/carpenter-funds-administrative-office-of-northern-california-inc

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