Pension Fund

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Central Midwest Regional Council of Carpenters

The Central Midwest Regional Council of Carpenters Pension Fund was established in 1976 as a multiemployer defined-benefit plan. Matt McGriff holds the role of...

Central Midwest Regional Council of Carpenters logo

Central Midwest Regional Council of Carpenters

The Central Midwest Regional Council of Carpenters Pension Fund was established in 1976 as a multiemployer defined-benefit plan. Matt McGriff holds the role of Executive Secretary-Treasurer. The plan serves participants across Indiana, Kentucky, and Ohio and reports $1.435 billion in assets. The fund allocates 5.44 percent to private equity with strategies that include buyout, distressed debt, growth, and venture. It holds a limited partner position in Ullico Inc. The geographic footprint centers on the Midwest with direct ownership of multiple training facilities in Indiana and Ohio. The council operates six training centers, including the Warsaw Apprenticeship Training Facility under development at an estimated $15 million value. It maintains the Central Midwest Regional Council of Carpenters Cares Inc. foundation established in 2021. John Hancock Retirement Services has served as recordkeeper since 2024. Governance ties the pension plan to the United Brotherhood of Carpenters and Joiners of America as the parent international union. Investment decisions rest with the plan trustees and external consultant Segal Marco Advisors.

General information

Firm type

Pension Fund

Year founded

1976

Location

Region

North America

Country

United States

City

Troy

Corporate office

700 Tower Drive Suite 300, Troy, MI, United States

Principals

Matt McGriff

Executive Secretary-Treasurer

Sector focus

InfrastructureReal Estate

Frequently asked questions

Who runs investment decisions at Central Midwest Regional Council of Carpenters?

Matt McGriff serves as Executive Secretary-Treasurer. The plan retains Segal Marco Advisors as investment consultant and uses BeneSys Inc. as administrator.

Does Central Midwest Regional Council of Carpenters participate in fund commitments or only direct deals?

The plan holds a limited partner interest in Ullico Inc. through the pension fund. It also reports a 5.44 percent allocation to private equity strategies.

What asset classes does Central Midwest Regional Council of Carpenters target?

Allocations include private equity at 5.44 percent. The plan also maintains direct ownership of industrial training facilities and a money market position in JP Morgan Government Money Market Fund.

Where does the underlying wealth come from?

Assets derive from employer and employee contributions to the multiemployer defined-benefit plan covering carpenters in Indiana, Kentucky, and Ohio.

Does Central Midwest Regional Council of Carpenters maintain philanthropic structures?

The Central Midwest Regional Council of Carpenters Cares Inc. 501(c)(3) was established in 2021 to provide aid to distressed carpenters and their families.

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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