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Carpenters Pension Trust Fund for Northern California
Carpenters Pension Trust Fund For Northern California is a defined benefit plan established in 1958. It serves employees within the Carpenters Pension Trust...
Carpenters Pension Trust Fund for Northern California
Carpenters Pension Trust Fund For Northern California is a defined benefit plan established in 1958. It serves employees within the Carpenters Pension Trust Fund For Northern California network. The fund focuses on the biotech and life science sectors.
General information
Firm type
Pension Fund
Year founded
1958
Location
Region
North America
Country
United States
City
Oakland
Corporate office
Oakland, CA, United States
Principals
Jay Bradshaw
Union Trustee
Donald A. Dolly
Employer Trustee
David Lee
Employer Trustee
Larry Nibbi
Employer Trustee
Gerald Overaa
Employer Trustee
Sector focus
Frequently asked questions
How does the fund allocate between real estate and secondaries?
The fund maintains a bifurcated approach. It holds a direct real estate portfolio concentrated in Northern California commercial property and mixed-use joint ventures, while also being an active buyer in the private equity secondaries market. Public records indicate the secondary commitments are a distinct pillar of the plan's private markets exposure.
What is a Taft-Hartley plan, and how does that structure affect the trust?
A Taft-Hartley plan is a collectively bargained, multi-employer pension fund jointly governed by union and employer trustees. For this fund, contributions are negotiated under the carpenters' collective bargaining agreements for Northern California. The joint board structure means the plan's fiduciary decisions are balanced between labor and management representatives.
Who are the employer trustees, and what companies do they represent?
Employer trustees have included Donald A. Dolly of Condon-Johnson & Associates, David Lee of Hathaway Dinwiddie Construction Company, Larry Nibbi of Nibbi Brothers General Contractors, and Gerald Overaa of C. Overaa & Co. These are among the largest commercial construction contractors in Northern California.
Profile maintained by Altss 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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