# Idaho Operating Engineers Employers Pension Plan

Idaho Operating Engineers Employers Pension Plan is a Limited Partner based in Boise, United States.

## Overview

- **Organization type:** Limited Partner
- **Headquarters:** Boise, United States
- **Region:** North America
- **Address:** Boise, ID, United States
- **Founded:** 1986
- **Assets under management:** $200M–$500M (Altss estimate)
- **Website:** ioeemployerspension.org

## Regulatory record

- **Reports private funds:** No

## About

The Idaho Operating Engineers Employers Pension Plan was established in 1986 as a defined-benefit plan covering operating engineers employed by signatory contractors across Idaho. Administered by a joint board of labor and management trustees, the fund pools employer contributions to provide retirement security — a classic Taft-Hartley structure where fiduciary duty runs to participants, not a single family or corporate sponsor. The plan's investment approach uses a liability-driven framework common among multiemployer pensions, allocating primarily to fixed income, private credit, and income-producing real assets. Public meeting minutes and investment consultant reviews indicate commitments to direct lending funds, core real estate vehicles, and infrastructure strategies — a mix designed to match long-duration liabilities with stable cash flows. Specific commitments visible in public board materials include funds managed by firms like Ares Management and Nuveen, with a regional emphasis that occasionally tilts toward Western US real estate and infrastructure projects. With an estimated corpus in the $200 million to $500 million range, the fund operates with a lean administrative structure. David B. Rountree serves as Administrative Manager, coordinating with an external investment consultant and a board composed equally of union and employer representatives. The plan's public filings show a steady actuarial posture and a deliberate, low-turnover portfolio — characteristics consistent with a mature Taft-Hartley plan that prioritizes funded-ratio stability over aggressive growth. The plan's structural differentiator is its trustee-governed allocation process. Investment decisions require consensus across labor and management appointees, which imposes a natural brake on momentum-chasing and favors strategies that can demonstrate durable, transparent cash-flow profiles. This governance model, paired with a consultant-driven due diligence process, means the fund acts as a steady allocator to middle-market private credit and core real estate — a reliable, if unflashy, limited partner for GPs raising income-oriented vehicles.

## Sectors

- Private Credit
- Private Equity
- Real Estate
- Infrastructure

## People

- David B. Rountree — Administrative Manager

## Questions

### Does the plan invest directly in operating companies or real estate?

No. The plan invests exclusively through commingled fund structures and separate accounts managed by external firms. There is no direct co-investment program. Commitments appear in public board meeting minutes and consultant portfolios, with manager selection emphasizing a track record of current-income generation.

### How is the plan's investment consultant involved in manager selection?

The investment consultant — historically a firm like AndCo Consulting or similar Taft-Hartley specialist — screens managers against the plan's investment policy, presents recommendations to the board, and monitors ongoing performance. Consultant rotation or review occurs in public board meetings, with minutes documenting the rationale for hires and terminations.

## Related profiles

- [Idaho Endowment Fund](https://altss.com/profile/idaho-endowment-fund)
- [Idaho Plumbers and Pipefitters Pension Plan](https://altss.com/profile/idaho-plumbers-and-pipefitters-pension-plan)

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

Canonical page: https://altss.com/profile/idaho-operating-engineers-employers-pension-plan

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