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Indiana/Kentucky/Ohio Regional Council of Carpenters Pension Fund
Darris Garoufalis manages the Indiana/Kentucky/Ohio Carpenters Pension Fund, a Taft-Hartley plan with disclosed positions in Galliard, J.P.
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 monthly pension benefits to eligible union carpenters and related tradespeople across its tri-state jurisdiction. The fund is a Taft-Hartley multiemployer plan, meaning it is jointly administered by representatives of the Central Midwest Regional Council of Carpenters and contributing employers. Doug Robinson acts as the Plan Sponsor representative, with Darris Garoufalis serving as Plan Manager. The fund pursues a capital-preservation mandate, with known allocations spanning fixed income, real estate, and money markets. Confirmed holdings include the ASB Allegiance Real Estate Fund, a core US mixed-use property vehicle, and the Galliard Stable Return Fund, a Minneapolis-based short-duration fixed-income strategy. Liquidity is maintained through a position in the J.P. Morgan Government Money Market Fund. The geographic footprint concentrates on domestic US assets, though the ASB fund exposes participants to select national commercial real estate markets. Operational governance flows through the Central Midwest Regional Council of Carpenters, which is affiliated with the United Brotherhood of Carpenters and Joiners of America. Specific participant counts and total assets are not publicly disclosed. The fund demonstrates a philanthropic adjacency through its support of the Riley Children's Foundation, a pediatric healthcare institution based in Indiana. The fund's structural differentiator is its Taft-Hartley design, governed by a joint board of union and employer trustees rather than a single corporate sponsor. This governance model embeds equal representation in investment policy decisions, distinguishing its fiduciary framework from corporate single-sponsor defined benefit plans. The plan operates alongside separate annuity and savings vehicles for council members, making it one component of a broader retirement safety net for regional carpenters.
General information
Firm type
Pension Fund
Year founded
2011
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Troy
Corporate office
Troy, Michigan, United States
Principals
Darris Garoufalis
Plan Manager
Doug Robinson
Plan Sponsor Representative
Sector focus
Frequently asked questions
Who jointly administers the Indiana/Kentucky/Ohio Regional Council of Carpenters Pension Fund?
The fund is a Taft-Hartley multiemployer plan governed by a joint board of trustees. Representatives from the Central Midwest Regional Council of Carpenters sit alongside employer-appointed trustees. Doug Robinson is listed as the Plan Sponsor representative and Darris Garoufalis as the Plan Manager (per Altss research).
What is the fund's core investment posture?
Known allocations suggest a strong preference for capital preservation and income generation. Disclosed portfolio holdings include core US real estate via the ASB Allegiance Real Estate Fund, short-duration fixed income through the Galliard Stable Return Fund, and cash management via the J.P. Morgan Government Money Market Fund (per Altss research).
How is this pension fund connected to the broader union structure?
The fund provides benefits to members of the Central Midwest Regional Council of Carpenters, which covers Indiana, Kentucky, and Ohio. The regional council is itself affiliated with the international United Brotherhood of Carpenters and Joiners of America. The plan operates alongside member annuity and personal savings vehicles.
What is a Taft-Hartley plan and how does it affect governance?
A Taft-Hartley plan is a multiemployer pension fund established under the Labor Management Relations Act of 1947. It requires equal representation from union and employer trustees on the board that oversees investment and benefit decisions. This structure means no single employer or union official can unilaterally direct the fund's investment strategy.
Does the fund maintain any philanthropic activities?
Yes, the fund or its associated council has a documented connection to the Riley Children's Foundation, a major pediatric healthcare nonprofit based in Indiana. The specific nature and scale of financial support beyond this association are not publicly detailed.
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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