Pension Fund

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Flint Area Plumbers & Pipefitters Local 370

Flint Area Plumbers & Pipefitters Local 370 operates a defined-benefit pension fund for union members of UA Local 370, representing plumbers and...

Flint Area Plumbers & Pipefitters Local 370

Flint Area Plumbers & Pipefitters Local 370 operates a defined-benefit pension fund for union members of UA Local 370, representing plumbers and pipefitters in the Flint, Michigan region. The fund's leadership team includes Business Manager Harold Harrington, along with Business Agents Zach Desrochers and Dan Gaudet, who manage the union's operations and benefits programs. The fund's strategy centers on secondaries — purchasing existing stakes in private equity, venture capital, and real estate funds on the secondary market — as well as allocations to infrastructure, private credit, and real estate. Its portfolio likely targets income-producing assets that match the long-duration liabilities of a mature pension fund. The fund maintains two physical assets: a union hall at 5500 W. Pierson Rd in Flushing, Michigan, and a training center at 2151 W. Thompson Rd in Fenton, Michigan. Team size and total assets under management are not publicly disclosed. The fund has no known additional offices. It operates alongside affiliated entities including the Plumbers & Pipefitters Local 370 Pension Fund and Insurance Fund, both based in Lansing, as well as a scholarship fund for union families. The fund is part of the United Association, the international union for plumbers and pipefitters, and maintains ties to the Greater Flint AFL-CIO. What distinguishes this fund is its singular focus on secondaries as a primary strategy — unusual for a midsize union pension fund, which typically relies on a mix of public equities, fixed income, and alternatives. The secondaries tilt suggests an active approach to managing liquidity and optimizing legacy fund positions, rather than a traditional buy-and-hold allocation.

General information

Firm type

Pension Fund

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Lansing

Corporate office

Lansing, MI, United States

Principals

Harold Harrington

Business Manager

Zach Desrochers

Business Agent

Dan Gaudet

Business Agent

Sector focus

SecondariesInfrastructurePrivate CreditReal Estate

Frequently asked questions

Who makes investment decisions for the Flint Area Plumbers & Pipefitters Local 370 pension fund?

Business Manager Harold Harrington leads the fund's investment oversight, alongside Business Agents Zach Desrochers and Dan Gaudet. The fund does not publicly disclose an external investment consultant or advisor.

How does this fund source investment opportunities?

The fund pursues secondaries — purchasing existing stakes in private funds — as its primary strategy. It also allocates to infrastructure, private credit, and real estate, likely through direct investments, co-investments, or fund commitments. Specific deal sourcing channels are not public.

What investment stages does the Flint Area Plumbers & Pipefitters Local 370 pension fund target?

The fund focuses on secondaries, which can span all stages — from venture capital to buyout and real estate funds — depending on where it finds liquidity or value opportunities in the secondary market.

Is this fund affiliated with a national or international union?

Yes. Local 370 is part of the United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry (UA), the largest international union of plumbers and pipefitters. The fund also participates in the Greater Flint AFL-CIO.

Does the Flint Area Plumbers & Pipefitters Local 370 pension fund operate a separate foundation or philanthropic arm?

Yes. The union administers the UA Local 370 Scholarship Fund, which provides educational grants to eligible members' dependents. That fund is separate from the pension and insurance funds.

Where is the fund based, and does it have multiple offices?

The pension fund's administrative base is in Lansing, Michigan. The union maintains a union hall at 5500 W. Pierson Rd in Flushing, Michigan, and a training center at 2151 W. Thompson Rd in Fenton, Michigan. No other offices are publicly disclosed.

What sectors does the fund explicitly focus on or avoid?

Public disclosures indicate the fund invests across secondaries, infrastructure, private credit, and real estate. It does not publicly list sectors it avoids. Its strategy is likely shaped by liability-matching needs of a mature pension fund.

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