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Indiana/Kentucky/Ohio Regional Council of Carpenters Pension Fund
The Indiana/Kentucky/Ohio Regional Council of Carpenters Pension Fund was established in 2011 to provide a defined-benefit retirement plan for members of the...
Indiana/Kentucky/Ohio Regional Council of Carpenters Pension Fund
The Indiana/Kentucky/Ohio Regional Council of Carpenters Pension Fund was established in 2011 to provide a defined-benefit retirement plan for members of the Central Midwest Regional Council of Carpenters. The fund is a Taft-Hartley multiemployer plan, jointly sponsored by union and employer trustees, with plan manager Darris Garoufalis overseeing administration. Its sole mission is delivering monthly pension supplements on top of Social Security and individual annuity savings for eligible retirees in the building trades. The fund allocates capital across a concentrated set of lower-volatility pooled vehicles. Confirmed holdings include the ASB Allegiance Real Estate Fund, a core US commercial property fund, and the Galliard Stable Return Fund, a short-duration fixed-income strategy based in Minneapolis. A portion of cash reserves sits in the JP Morgan Government Money Market Fund. This line-up suggests a posture oriented toward capital preservation and benefit obligation matching rather than growth-seeking or direct alternatives exposure. Troy, Michigan serves as the administrative headquarters. No additional offices are identified. The fund operates in close coordination with the Central Midwest Regional Council of Carpenters and the United Brotherhood of Carpenters and Joiners of America, the international parent union. The plan sponsor representative is Doug Robinson. A secondary, non-investment beneficiary relationship exists with the Riley Children's Foundation, an Indianapolis-based philanthropic organization. The fund's structural differentiator is its narrow mandate as a Taft-Hartley defined-benefit plan for a single regional union council. Unlike corporate pension funds or public retirement systems, its asset allocation is purpose-built to support monthly benefits for a workforce concentrated in one historically cyclical sector — union carpentry — across the Ohio Valley. Its conservative pooled-fund architecture and absence of disclosed alternative-asset or co-investment programs underscore a fiduciary model built on actuarial liability matching rather than endowment-style return generation.
General information
Firm type
Pension Fund
Year founded
2011
Location
Region
North America
Country
United States
City
Troy
Corporate office
Troy, Michigan, United States
Principals
Doug Robinson
Plan Sponsor
Darris Garoufalis
Plan Manager
Sector focus
Frequently asked questions
Who is responsible for investment decisions at the Indiana/Kentucky/Ohio Regional Council of Carpenters Pension Fund?
Plan administration is handled by Plan Manager Darris Garoufalis, with Plan Sponsor Doug Robinson representing the fund's governing board. Both are identified through Altss research records. Specific investment consultant or OCIO relationships, if any, are not publicly disclosed.
What types of assets does the fund hold?
According to Altss research, disclosed holdings include stakes in the ASB Allegiance Real Estate Fund (core US commercial property), the Galliard Stable Return Fund (short-duration fixed income), and the JP Morgan Government Money Market Fund. This configuration suggests an asset allocation focused on real estate and capital preservation strategies.
Does the fund make direct private investments or co-investments?
The known investment posture does not include direct deals, co-investments, or venture capital. All identified holdings are in commingled, institutionally managed pooled funds, which is consistent with a Taft-Hartley plan prioritizing liquidity and predictable actuarial returns.
How is the fund related to the United Brotherhood of Carpenters?
The fund is the defined-benefit pension vehicle for the Central Midwest Regional Council of Carpenters, which is a regional council of the United Brotherhood of Carpenters and Joiners of America. The international union is the parent organization, while the regional council directly serves members in Indiana, Kentucky, and Ohio.
Where does the fund's capital come from?
Contributions come from participating employers signatory to collective bargaining agreements with the Central Midwest Regional Council of Carpenters. These are Taft-Hartley employer contributions required under negotiated union contracts, not public tax revenue or individual employee deferrals.
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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