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Indiana Carpenters Pension Fund
The Indiana Carpenters Pension Fund was established to deliver retirement benefits to union carpenters in Indiana. It is administered by BeneSys on behalf of...
Indiana Carpenters Pension Fund
The Indiana Carpenters Pension Fund was established to deliver retirement benefits to union carpenters in Indiana. It is administered by BeneSys on behalf of the Indiana/Kentucky/Ohio Regional Council of Carpenters. Todd Pancake and Mamon Powers III serve as trustees. The fund allocates across real estate and infrastructure. Confirmed holdings include the ASB Allegiance Real Estate Fund, the AFL-CIO Housing Investment Trust, and the Ullico Infrastructure Fund. It also held a direct position in Coffee Creek Real Estate Development in Chesterton, Indiana. Geographic exposure centers on the United States with emphasis on Midwest union projects. Ticket sizes range from $5 million to $25 million. Assets total $580 million. The fund maintains memberships in the National Coordinating Committee for Multiemployer Plans and Top Notch. Service providers include Segal Marco Advisors as investment consultant and BNY Mellon as custodian. No operational events from the last 24 months appear in available records. The fund follows a Responsible Contractor Policy that directs capital toward projects employing union labor with pension and health benefits. This mandate shapes co-investments and fund commitments alongside other multiemployer plans.
General information
Firm type
Pension Fund
Location
Region
North America
Country
United States
City
Troy
Corporate office
700 Tower Drive Suite 300, Troy, Michigan, United States
Principals
Todd Pancake
Trustee
Mamon Powers III
Trustee
Sector focus
Frequently asked questions
Who runs investment decisions at Indiana Carpenters Pension Fund?
Trustees Todd Pancake and Mamon Powers III oversee the fund. BeneSys serves as third-party administrator. Segal Marco Advisors provides investment consulting.
Does Indiana Carpenters Pension Fund participate in fund commitments or only direct deals?
The fund holds both commingled vehicles and direct positions. Examples include the ASB Allegiance Real Estate Fund and Ullico Infrastructure Fund alongside the former Coffee Creek land holding.
What asset classes does Indiana Carpenters Pension Fund target?
Allocations focus on core real estate and infrastructure. Positions emphasize union-built projects under the Responsible Contractor Policy.
Where does Indiana Carpenters Pension Fund source deal flow?
Deal flow arrives through labor-affiliated vehicles and consultants. Relationships with the Indiana/Kentucky/Ohio Regional Council of Carpenters and Ullico Inc. support access.
How is Indiana Carpenters Pension Fund structured relative to its sponsoring union?
The fund operates as a multiemployer pension plan sponsored by the Indiana/Kentucky/Ohio Regional Council of Carpenters. Trustees include union and employer representatives.
What is Indiana Carpenters Pension Fund's known posture on co-investments?
The fund co-invests in union-focused vehicles such as the AFL-CIO Housing Investment Trust. It maintains a preference for projects delivering pension and health benefits to union workers.
Does Indiana Carpenters Pension Fund maintain any adjacent vehicles or foundations?
No separate philanthropic vehicles or operating companies are disclosed. The fund participates in industry associations including the National Coordinating Committee for Multiemployer Plans.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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