Haynes and Boone

Haynes and Boone

The Haynes and Boone Partners Retirement Plan was established in 1998 as a defined benefit vehicle for the international law firm co-founded by Richard Haynes and Michael Boone. The firm itself traces its roots to Dallas in 1970 and has since grown into a global corporate practice with a significant footprint in Texas and New York. The retirement plan exists exclusively to serve the firm's partners and employees, and operates independently from the firm's public-facing client services. The plan deploys across venture capital, buyout, later-stage expansion, fund-of-funds, and secondaries, alongside direct real estate interests. Its portfolio reflects a hybrid manager — it backs external funds while also participating directly in deals and holding physical assets. The plan's ownership stake in the firm's Harwood No. 14 headquarters complex in Dallas and commercial space at 30 Rockefeller Plaza in New York gives it a direct real-asset anchor that provides both income and long-term appreciation potential, underwritten by the firm's own credit as a tenant. The plan is overseen by the firm's partnership leadership, currently chaired by Taylor H. Wilson, who succeeded Tim Powers as managing partner. The firm maintains professional relationships with global networks including the World Services Group and the Young Presidents' Organization, providing informal sourcing channels for investment opportunities. The retirement plan's fiduciary governance is integrated into the broader partnership structure — meaning the same partners guiding the law firm also influence the plan's investment direction. The plan's primary structural differentiator is its direct real estate exposure to the firm's own operating footprint. Unlike typical pension funds that diversify across unrelated properties, the Haynes and Boone plan owns a material interest in the very buildings where its sponsor generates revenue. This creates a closed-loop dynamic where firm profitability supports lease obligations that flow back to the plan — a configuration more common among family-owned operating companies than law firm retirement vehicles.