# The Edmonton Pipe Industry Benefit Plans

The Edmonton Pipe Industry Benefit Plans is a Pension Fund based in Edmonton, Canada.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Edmonton, Canada
- **Region:** North America
- **Address:** 16214 – 118 Avenue, Edmonton, Alberta, Canada
- **Founded:** 1968
- **Assets under management:** Undisclosed
- **Website:** epibenefitplans.com
- **LinkedIn:** https://www.epibenefitplans.com

## Regulatory record

- **Reports private funds:** No

## About

The Edmonton Pipe Industry Pension Trust was formed in 1968 to serve members of UA Local Union 488. It operates under a board structure with union-appointed trustees, employer representatives from Construction Labour Relations Alberta, and independent members. The trust maintains allocations to private equity through commitments to Northleaf Capital Partners, Clairvest Equity Partners, and Cyprium Investment Partners. Infrastructure exposure includes limited partnerships with Brookfield Asset Management, Macquarie Infrastructure Partners, and IFM Global Infrastructure. Real estate holdings encompass a prime urban portfolio of office, retail, and industrial assets in Canada and the United States plus three golf courses in the Edmonton area. Public equity portfolios are managed externally by Phillips Hager & North and Letko Brosseau. The plan reports an investment horizon of 10 to 20 years and a target return of 7 percent. McAteer Employee Benefit Plan Services Limited has provided administration since 2007. The trust maintains a formal Statement of Investment Policies and Procedures that requires ongoing monitoring of manager performance and ESG factors. Governance ties directly to the union and employer association that jointly appoint trustees.

## Sectors

- Infrastructure
- Real Estate
- Private Equity

## People

- Rick McAteer — Executive Administrator

## Questions

### Who appoints trustees to the Edmonton Pipe Industry Pension Trust?

UA Local Union 488 appoints union trustees while Construction Labour Relations Alberta appoints employer and independent trustees.

### Which external managers handle the trust's private equity commitments?

Commitments are held with Northleaf Capital Partners, Clairvest Equity Partners, and Cyprium Investment Partners.

### Does the trust invest directly in real estate?

Yes. It holds a portfolio of urban office, retail, and industrial properties plus golf course assets in Edmonton.

### What is the trust's investment horizon?

The plan targets an investment horizon of 10 to 20 years.

### Which custodian holds plan assets?

CIBC Mellon Trust Company has served as custodian since 2007.

## Related profiles

- [McGill University](https://altss.com/profile/mcgill-university)
- [Al Rajhi Takaful](https://altss.com/profile/al-rajhi-takaful)

---

Last updated: 2026-07-08T21:03:58.633Z

Canonical page: https://altss.com/profile/edmonton-pipe-industry-pension-trust

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology
