Pension Fund

Updated:

COUNTRY Financial

COUNTRY Financial traces its operational roots to the Illinois Agricultural Association, which formed the company in 1925. The Group Retirement Income Plan No.

COUNTRY Financial logo

COUNTRY Financial

COUNTRY Financial traces its operational roots to the Illinois Agricultural Association, which formed the company in 1925. The Group Retirement Income Plan No. 10 sits at the center of its retirement obligations and serves employees tied to the state's farm bureau network. The plan allocates 10 percent to private equity with a buyout fund mandate active for 2024-2025. Confirmed holdings include positions in 1st & Main Growth Partners and Midwest Mezzanine Funds. Public equity exposure features Vanguard S&P 500 ETF and Vanguard FTSE Developed Markets ETF reported in Q4 2025 13F filings. Geographic reach centers on the United States with primary activity in Illinois and secondary exposure through developed-market ETFs. Assets total $1.9 billion. The firm maintains a Chicago regional office and operates a corporate flight department. It participates in the ILPA and holds FINRA membership through Country Capital Management Company. A 2025 historical marker award from the Illinois State Historical Society recognized the headquarters campus. The structure links directly to the Illinois Agricultural Association through shared headquarters and affiliate status, creating a closed loop between the pension plan sponsor and the founding cooperative.

General information

Firm type

Pension Fund

Year founded

1993

Location

Region

North America

Country

United States

City

Bloomington

Corporate office

1701 Towanda Avenue, Bloomington, IL 61701, United States

Additional offices

Chicago, IL

Principals

Jim Jacobs

Chief Executive Officer

Rob McDade

Executive Vice President, Chief Financial Officer, and Chief Strategy Officer

Sector focus

InsuranceFinancial Services

Frequently asked questions

Who runs investment decisions at COUNTRY Financial?

Jim Jacobs serves as Chief Executive Officer. Rob McDade holds the roles of Executive Vice President, Chief Financial Officer, and Chief Strategy Officer.

What is COUNTRY Financial's known posture on co-investments alongside external GPs?

The firm participates in private equity through limited partner commitments to buyout and mezzanine vehicles including 1st & Main Growth Partners.

Does COUNTRY Financial participate in fund commitments or only direct deals?

It maintains both a buyout fund mandate and direct real estate holdings such as the corporate headquarters campus.

Where does the underlying wealth come from?

The plan covers employees of CC Services and the Illinois Agricultural Association, the cooperative that established COUNTRY Financial in 1925.

How is COUNTRY Financial related to Illinois Agricultural Association?

The association founded the company in 1925 and continues to share the Towanda Avenue headquarters with COUNTRY Financial and Growmark.

What investment stages does COUNTRY Financial typically target?

Private equity activity includes buyout and mezzanine strategies with no disclosed venture or early-stage focus.

Does COUNTRY Financial maintain philanthropic structures?

It operates employee matching gift programs and contributions focused on agriculture, education, and community development in Illinois.

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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