# Haworth

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

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Holland, United States
- **Region:** North America
- **Address:** One Haworth Center, Holland, MI 49423-9576, United States
- **Founded:** 1958
- **Assets under management:** 512 (Altss estimate)
- **Website:** www.haworth.com
- **LinkedIn:** https://www.linkedin.com/company/haworthinc

## Regulatory record

- **Reports private funds:** No

## About

Haworth Master Pension Trust was established in 1958 to provide retirement benefits for employees of Haworth International. The plan sits within a privately held company started by Gerrard Wendell Haworth in 1948 and now led by third-generation chairman Matthew R. Haworth. The trust allocates 14.84 percent of assets to private equity and follows liquidity terms that pair closed-end fund structures for private markets with daily liquidity for public holdings. Geographic exposure centers on North America with additional manufacturing operations in Chennai, India. Confirmed corporate holdings include full ownership of Poltrona Frau Group in Italy and a 51 percent stake in Tayco in Canada. The plan reports $512 million in assets. Haworth Inc. maintains its global headquarters at One Haworth Center in Holland, Michigan, and operates additional facilities including a 2024-expanded plant in Chennai. Matthew Haworth holds membership in YPO. No operational events specific to the pension trust appear in the last 24 months. The trust functions as a captive defined benefit vehicle tied directly to the operating company rather than as an independent allocator with external LP relationships.

## Sectors

- Diversified
- Manufacturing

## People

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

## Questions

### Who runs investment decisions at Haworth Master Pension Trust?

Matthew R. Haworth serves as chairman. Day-to-day oversight falls under the corporate leadership of President and CEO Franco Bianchi.

### What asset classes does the trust allocate to?

The trust holds a 14.84 percent allocation to private equity alongside public market assets. It uses standard closed-end fund structures for private market commitments.

### Does the trust participate in co-investments or only fund commitments?

The trust follows standard closed-end fund structures for private market allocations. No specific co-investment activity is disclosed.

### What is the relationship between the pension trust and Haworth Inc.?

The trust is a captive defined benefit plan covering US employees of the operating company. It remains fully integrated with corporate governance.

## Related profiles

- [derigo](https://altss.com/profile/derigo)
- [Yawkey Foundation](https://altss.com/profile/yawkey-foundation)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/haworth

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