Pension Fund

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Chicago Painters and Decorators Pension Fund

The Chicago Painters and Decorators Pension Fund provides benefits for members of Painters District Council 14, part of the International Union of Painters and...

Chicago Painters and Decorators Pension Fund logo

Chicago Painters and Decorators Pension Fund

The Chicago Painters and Decorators Pension Fund provides benefits for members of Painters District Council 14, part of the International Union of Painters and Allied Trades. Joseph Rinehart acts as plan administrator. The fund operates from Darien, Illinois. Assets are deployed primarily in real estate equity and credit strategies. Confirmed holdings include positions in TA Realty Core Property Fund and PennantPark Private Income Fund. Additional exposure runs through Multi-Employer Property Trust, AFL-CIO Building Investment Trust, ASB Allegiance Real Estate Fund, and ULLICO J for Jobs. Allocations remain concentrated in the United States with emphasis on union labor projects. The fund lists 16 enriched network items including service providers and relationships. Miles Beatty also serves on the board of the Finishing Contractors Association of Chicago. No recent operational events from the last 24 months appear in available records. Governance ties directly to the affiliated union district council and local contractor associations, creating a closed loop between benefit administration and labor market participants.

Website
pdc14.com

General information

Firm type

Pension Fund

Location

Region

North America

Country

United States

City

Darien

Corporate office

8205 S Cass Ave, Suite 102, Darien, IL, United States

Principals

Miles Beatty

Trustee

Joseph Rinehart

Plan Administrator

Sector focus

Real Estate

Frequently asked questions

Who runs investment decisions at Chicago Painters and Decorators Pension Fund?

Miles Beatty serves as trustee. Joseph Rinehart acts as plan administrator. Decisions align with union benefit obligations.

Does Chicago Painters and Decorators Pension Fund participate in fund commitments or only direct deals?

The fund invests through commingled real estate vehicles and credit funds. Holdings include limited partner interests in TA Realty Core Property Fund and PennantPark Private Income Fund.

Where does the underlying wealth come from?

Assets derive from employer contributions on behalf of union painters and decorators covered by Painters District Council 14.

How is Chicago Painters and Decorators Pension Fund related to Painters District Council No. 14?

The fund exists to provide pension benefits to members of the district council. Trustees maintain formal ties to the council and affiliated locals.

What asset classes does the fund target?

Primary exposure sits in real estate equity and private credit. Vehicles favor union-built construction projects in the United States.

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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