IBEW 995 Baton Rouge, LA

IBEW 995 Baton Rouge, LA

The Electricians Pension Plan of IBEW Local 995 was established in 1970 as a noncontributory defined-benefit plan serving the members of the Baton Rouge electrical workers' union. The plan operates alongside a sister health and welfare fund and is supported by employer contributions coordinated through the local chapter of the National Electrical Contractors Association. Plan administration is handled by Jason Dedon and Kristine Guillot, with trustee oversight from representatives including Kirk Rispone. Despite its modest scale, the plan's strategy spans early-stage seed and start-up investing, expansion and late-stage growth equity, secondaries, and general venture capital. The fund's precise allocation breakdown between these categories is not publicly disclosed. The plan operates from the IBEW Local 995 headquarters on Tom Drive in Baton Rouge, with no known additional investment offices. No named portfolio companies or specific fund commitments have been publicly identified. The plan participates in the AFL-CIO network and maintains a Retirees Club for former members. In May 2024, the fund continued its standard operating posture with no publicly reported leadership changes, consistent with its role as a steady, union-backed retirement vehicle. Total assets are estimated by Altss at approximately $65 million, though the plan itself does not publish a realized AUM figure. Structurally, the fund is unusual in its explicit and repeated commitment to venture capital and early-stage investing from a small union pension base, a posture typically associated with far larger public pension systems. Its willingness to participate across the full venture lifecycle — from seed to secondaries — suggests a mandate shaped more by long-term return objectives and local investment access than by the conservative liability-matching common among similarly sized Taft-Hartley plans.