# IATSE Local 33 Pension Trust Fund

IATSE Local 33 Pension Trust Fund is a Pension Fund based in Los Angeles, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

IATSE Local 33 Pension Trust Fund was established as a union pension fund under the Taft-Hartley Act, providing retirement benefits for stage technicians and craftspeople in the Los Angeles area. The fund is governed by a board of trustees representing both labor and management, reflecting its structure as a collectively bargained multi-employer plan. Fund principals include Kyle Beebe as President of IATSE Local 33 and Abraham Montes as Financial Secretary and Treasurer. The fund's investment strategy is weighted toward private markets, with a stated focus on secondaries, private credit, infrastructure, and real estate. It does not publish a public investment policy or asset allocation breakdown, but public filings indicate the fund has made commitments to private equity secondaries vehicles. The geographic focus is primarily domestic, with exposure to US-based assets through fund investments. The fund operates out of Los Angeles with additional office space in Burbank, where IATSE Local 33 maintains its headquarters and training center. It maintains relationships with the broader AFL-CIO network and the Los Angeles County Federation of Labor. In recent years, the fund has been involved in litigation related to benefit administration, but no material investment-related events have been publicly disclosed. The fund's structural differentiator is its status as a Taft-Hartley multi-employer pension plan, which creates a distinct governance framework compared to corporate or public sector pension funds. Trustees include both union and employer representatives, and the fund operates under federal ERISA standards. This structure limits direct control for any single stakeholder and shapes the fund's conservative, fiduciary-driven investment posture.

## Sectors

- Secondaries
- Private Credit
- Infrastructure
- Real Estate

## Offices

- Burbank, CA, United States

## People

- Kyle Beebe — President, IATSE Local 33
- Abraham Montes — Financial Secretary and Treasurer

## Questions

### Who governs the IATSE Local 33 Pension Trust Fund?

The fund is governed by a board of trustees representing both labor (IATSE Local 33) and management (employers party to collective bargaining agreements). The fund operates as a Taft-Hartley multi-employer plan under ERISA, with trustees jointly responsible for fiduciary oversight. Kyle Beebe serves as President of the local union, and Abraham Montes is Financial Secretary and Treasurer.

### Does the fund invest directly in companies or funds?

The fund primarily invests through fund commitments, with a noted focus on secondaries — buying existing private equity fund stakes from other investors. Direct investments are not typical for a fund of this size and structure. The fund does not publicly list its portfolio companies.

## Related profiles

- [I.A.T.S.E. Local 16 Pension Plan](https://altss.com/profile/iatse-local-16-pension-plan)

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

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