# Haworth Incorporated

Haworth Incorporated is a Pension Fund based in Holland, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Holland, United States
- **Region:** North America
- **Address:** Holland, MI, United States
- **Founded:** 1948
- **Assets under management:** Undisclosed
- **Website:** haworth.com
- **LinkedIn:** https://www.linkedin.com/company/haworthinc

## Regulatory record

- **Reports private funds:** No

## About

Haworth Incorporated operates as the corporate pension and investment vehicle tied to Haworth Inc., the privately held office furniture manufacturer headquartered in Holland, Michigan. The business traces its roots to 1948 when G.W. Haworth founded a woodworking shop that his son, Richard, later transformed into a global enterprise by patenting the pre-wired office panel — a product that aligned perfectly with the rise of the cubicle era. Third-generation chairman Matthew R. Haworth now oversees the family-controlled company alongside President and CEO Franco Bianchi. The pension fund functions as the long-term capital reservoir for the operating business, which maintains manufacturing plants in Chennai, India and Shanghai, China, plus showrooms in Chicago and Dallas. The firm's investment posture includes a specific venture capital mandate focused on general venture strategies, positioning Haworth to monitor and back innovations relevant to the built environment. The dual manufacturing footprint in India and China provides on-the-ground market intelligence that can inform investment decisions across Asia. Beyond the core furniture business, the family's wealth structure includes direct commercial real estate holdings such as One Haworth Center in Holland, the Chicago Merchandise Mart showroom, and a Dallas showroom at McKinney Avenue. The Haworth Family Foundation serves as the primary philanthropic vehicle, while Matthew Haworth's board seat with Business Leaders for Michigan connects the family office to a peer network of Michigan's most influential corporate executives. Haworth's structural distinction lies in its hybrid nature — it is neither a pure single-family office nor a public pension fund, but rather a corporate pension wholly owned by a private, multi-generational family enterprise. This architecture affords it permanent capital and no external LP pressure, yet demands that investments ultimately serve the strategic interests of the operating company. The Haworth Collection of global showrooms further operates as a curated asset class, blending real estate exposure with brand positioning — a structure more akin to LVMH's real estate strategy than to a traditional pension's fixed-income ladder.

## People

- Matthew R. Haworth — Chairman
- Richard G. Haworth — Chairman Emeritus
- Franco Bianchi — President and CEO

## Questions

### How is Haworth related to the Haworth Family Foundation?

The Haworth Family Foundation operates as the family's primary philanthropic vehicle, separate from the corporate pension. Matthew R. Haworth also serves on the Grand Valley University Foundation board, establishing education as a key philanthropic priority. The foundation's grantmaking focus and total assets are not publicly detailed in available filings.

### What real estate does Haworth hold outside of its furniture operations?

Haworth owns several commercial properties that function as both operational assets and long-duration real estate holdings. These include One Haworth Center in Holland, Michigan, the Chicago showroom at 222 Merchandise Mart Plaza, a Dallas showroom on McKinney Avenue, and manufacturing facilities in Chennai, India and Shanghai, China. The Haworth Collection of global showrooms operates as a curated portfolio blending brand presence with property ownership.

### Where does Haworth source its venture deal flow?

Haworth's presence in Business Leaders for Michigan, where Matthew Haworth serves on the board, provides access to an executive network spanning manufacturing, healthcare, and financial services across the state. Richard Haworth's advisory role with the Mackinac Center for Public Policy offers further connectivity to Michigan's political and business leadership. The firm's factories in India and China additionally create an on-the-ground sourcing advantage for Asian hardware and industrial startups.

## Related profiles

- [Hawkins Investment Counsel](https://altss.com/profile/hawkins-investment-counsel)
- [Haworth Master Pension Trust](https://altss.com/profile/haworth-master-pension-trust)

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Last updated: 2026-08-11T02:43:31.692Z

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