Updated:
IUOE Local 14-14B Pension Fund
The International Union of Operating Engineers Local 14-14B Pension Fund was established in 1975 as a multi-employer defined-benefit plan for operating...
IUOE Local 14-14B Pension Fund
The International Union of Operating Engineers Local 14-14B Pension Fund was established in 1975 as a multi-employer defined-benefit plan for operating engineers. Plan Administrator Edwin L. Christian and President Christopher Confrey lead the fund from its base in Flushing, New York, jointly administering it with the Local's Annuity Fund and Welfare Fund. The fund is affiliated with its parent international, the IUOE, and the wider AFL-CIO labor federation. The fund pursues a growth strategy across multiple asset classes, notably carrying direct commercial real estate holdings in Queens, including properties on Northern Boulevard. The trust structure allows for allocations across private credit, infrastructure, private equity, and hedge fund strategies alongside its real assets. The fund's sister trusts, the Annuity Fund and Welfare Fund, share administrative resources and leadership, creating a unified but legally distinct benefit ecosystem for Local 14-14B members. With an Altss-estimated AUM of roughly $298 million, the plan supports a defined membership of New York City's heavy equipment operators. Edwin Christian also chairs the New York City Coalition of Operating Engineers, a regional industry coalition, signaling operational ties that may inform the fund's infrastructure and real-asset investment pipeline. The three sister funds are directed from Flushing with no additional offices disclosed. Unlike many Taft-Hartley plans that outsource investment management, the Local 14-14B Pension Fund holds direct real estate through registered LLCs like 141-57 Northern Boulevard Corp and 159-18 Northern Boulevard LLC. This direct-ownership posture within the defined-benefit wrapper distinguishes its architecture from plans that rely solely on external fund commitments.
General information
Firm type
Pension Fund
Year founded
1975
Location
Region
North America
Country
United States
City
New York
Corporate office
Flushing, NY, United States
Principals
Edwin L. Christian
Plan Administrator and Business Manager
Christopher Confrey
President and Plan Trustee
Sector focus
Frequently asked questions
Who makes investment decisions for the IUOE Local 14-14B Pension Fund?
Plan Administrator Edwin L. Christian and President Christopher Confrey, as trustees, oversee the fund's investment direction. The precise internal delegation to investment consultants or an in-house investment committee is not publicly detailed. Both principals also administer the sister Annuity and Welfare Funds for Local 14-14B.
How does the Local 14-14B Pension Fund allocate its assets?
The fund follows a growth-oriented strategy spanning direct real estate, private credit, infrastructure, private equity, and hedge funds. Notably, it holds commercial properties directly via LLCs, including buildings on Northern Boulevard in Queens. This mix reflects a blend of real-asset ownership and commitments to external private-market funds.
Does the fund manage real estate directly or through external managers?
The pension fund holds at least two Queens commercial properties directly through entities named 141-57 Northern Boulevard Corp and 159-18 Northern Boulevard LLC. This direct ownership posture is less common among multi-employer pension plans and suggests the fund retains in-house expertise or deeply embedded local advisors for property management.
How is the Local 14-14B Pension Fund connected to its sister trusts?
The IUOE Local 14-14B Annuity Fund and Welfare Fund share the same leadership — Edwin Christian and Christopher Confrey — and administrative infrastructure. While legally distinct benefit pools, the three entities operate in a coordinated fashion from Flushing, New York, to deliver retirement, annuity, and health benefits to the same union membership.
What is the fund's relationship with the AFL-CIO and the broader IUOE?
The fund is affiliated with the International Union of Operating Engineers as a local chapter-based plan and with the AFL-CIO at the federation level. Edwin Christian also leads the New York City Coalition of Operating Engineers, a regional coalition that may create networking channels for the fund's real-asset and infrastructure investing efforts.
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.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: