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Cleveland Bakers and Teamsters Pension Fund
The Cleveland Bakers and Teamsters Pension Fund was established in 1962 to provide retirement benefits to employees covered by specific bakery and Teamsters...
Cleveland Bakers and Teamsters Pension Fund
The Cleveland Bakers and Teamsters Pension Fund was established in 1962 to provide retirement benefits to employees covered by specific bakery and Teamsters union locals. It operates as a multi-employer defined benefit plan headquartered in Valley View, Ohio. The fund allocates to private equity and maintains public equity holdings that include Amazon.com, General Electric, Meta Platforms, Goldman Sachs and Lamb Weston. It has participated in securities litigation as lead or co-plaintiff alongside other public plans such as Sjunde AP-Fonden and SEPTA. Geographic exposure centers on the United States with additional activity through custodians and counsel based in the Midwest and East Coast. The fund reported $343 million in assets. It maintains membership in the International Foundation of Employee Benefit Plans. In February 2024 it attended hearings in the Delaware Court of Chancery concerning shareholder rights in the Amazon/Blue Origin matter. The fund's structure centers on benefit administration for multiple union locals rather than a single family or corporate sponsor, with legal and custodial relationships that support ongoing litigation and investment oversight.
General information
Firm type
Pension Fund
Year founded
1962
Location
Region
North America
Country
United States
City
Valley View
Corporate office
9665 Rockside Road Suite D, Valley View, OH 44125, United States
Principals
Valerie Nichols
Administrative Manager
Sector focus
Frequently asked questions
Who runs investment decisions at Cleveland Bakers and Teamsters Pension Fund?
Valerie Nichols serves as Administrative Manager. No separate CIO or investment committee is identified in available records.
Does the fund participate in fund commitments or only direct deals?
Available data shows allocations to private equity and public equity holdings. Specific commitment sizes or direct co-investments are not disclosed.
What investment stages does the fund target?
The fund lists strategies that include buyout, venture, growth, secondaries and special situations. No stage-specific targets are published.
Where does the underlying wealth come from?
Contributions come from employers and members of Bakery, Confectionery, Tobacco Workers and Grain Millers Union Locals No. 19 and Teamsters Union Local No. 507.
How is the fund related to other public plans?
It has served as co-plaintiff with Sjunde AP-Fonden, SEPTA and Southwest Ohio Regional Council of Carpenters Pension Plan in multiple securities actions.
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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