International Paper Co Ret Acct - Mid Cap Pool

International Paper Co Ret Acct - Mid Cap Pool

International Paper Company established its pension plan in 1945 to deliver retirement, disability, and death benefits to employees. The plan operates from Memphis and draws its funding from the earnings of the parent pulp-and-paper company founded in 1898. The fund deploys capital across private equity, timberland, and commercial real estate. It holds a limited-partner interest in Warburg Pincus Private Equity XII and maintains a dedicated timberland account covering holdings in the United States and international markets. A separate account invests in Prudential Retirement Real Estate Fund, a vehicle that blends 75 percent private real estate with 25 percent REITs. Geographic exposure spans North America and selected international timber regions. Robert M. Hunkeler serves as Vice President, Investments and has been cited as responsible for $15B across the company’s retirement plans. The fund reported 11.11 percent allocation to private equity in its most recent filings. In October 2024 the plan participated as a speaker at the Pensions & Investments Defined Contribution West conference in Pasadena, California, discussing innovation in 401(k) structures and private real-estate vehicles. Additional offices are not disclosed. The plan’s structure is shaped by its status as a corporate defined-benefit vehicle rather than a standalone family office or multi-strategy manager. Governance flows through the International Paper treasury with oversight from the Committee on Investment of Employee Benefit Assets, where Hunkeler previously served as chairman.