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Construction Industry & Laborers Joint Pension Plan for South Nevada, Plan A
The Construction Industry & Laborers Joint Pension Plan for South Nevada, Plan A was established as a jointly trusteed defined-benefit plan serving...
Construction Industry & Laborers Joint Pension Plan for South Nevada, Plan A
The Construction Industry & Laborers Joint Pension Plan for South Nevada, Plan A was established as a jointly trusteed defined-benefit plan serving participants and beneficiaries of LIUNA Local 872. Tommy White, Business Manager of Local 872, has chaired the Board of Trustees since 2003. The fund allocates capital primarily toward buyout-oriented private investments, with a strategy description listing repeated emphasis on buyout transactions. Known real asset holdings include commercial real estate in Las Vegas — specifically the Wynn Las Vegas and Allure Las Vegas properties — indicating exposure to hospitality and residential sectors within the local market. The geographic footprint concentrates on Southern Nevada, though pension fund portfolios typically include diversified exposures beyond that region. The plan operates as a single pension fund without disclosed separate vehicles or philanthropic arms. LIUNA Local 872 serves as the primary business partner and sponsor. No recent operational events have been publicly reported. Unlike corporate pension plans with centralized oversight, this plan is governed by a joint board of labor and employer trustees — a structure mandated by the Taft-Hartley Act. That governance model ties investment decisions directly to union member interests and local construction industry dynamics.
General information
Firm type
Pension Fund
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Las Vegas
Corporate office
Las Vegas, NV, United States
Principals
Tommy White
Chairman of the Board of Trustees
Tommy White
Business Manager, LIUNA Local 872
Sector focus
Frequently asked questions
Who runs investment decisions at the Construction Industry & Laborers Joint Pension Plan for South Nevada, Plan A?
Tommy White chairs the Board of Trustees, which oversees the plan's investment strategy. As Business Manager of LIUNA Local 872, he represents union members' interests in asset allocation decisions. The board structure includes both labor and employer representatives under the Taft-Hartley framework.
Is this pension plan structured as a single employer or multi-employer fund?
It is a jointly trusteed plan under the Taft-Hartley Act, meaning it is governed by a board with equal labor and employer representation. This structure is typical for union-negotiated pension funds in the construction industry.
What investment types does the plan target?
The plan's strategy lists a repeated focus on buyout investments. Known asset holdings include commercial real estate in Las Vegas — the Wynn Las Vegas (hospitality) and Allure Las Vegas (residential). Given its pension fund nature, it likely allocates across fixed income, public equities, and private markets.
Where does the underlying wealth come from?
The plan is funded by contributions from members of LIUNA Local 872, who work in the Nevada construction industry, and their employers. It operates as a defined-benefit pension fund, not a single-family office.
Does the plan invest in venture capital or growth equity?
Publicly available strategy descriptions emphasize buyout strategies. There is no disclosed exposure to venture or growth equity. The fund's investment posture appears oriented toward mature asset classes and income-generating real assets.
How does this fund relate to LIUNA Local 872?
LIUNA Local 872 is the union local whose members are the primary participants and beneficiaries. Tommy White serves as both Business Manager of the local and Chairman of the plan's Board of Trustees. LIUNA, the parent international union, is listed as an industry association.
What geographic focus does the plan have?
The fund serves participants primarily in Southern Nevada. Known real estate holdings are in Las Vegas. As a Taft-Hartley plan, its investment portfolio may include assets nationally, but disclosed positions are concentrated in the local market.
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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