Joint Industry Board of the Electrical Industry

Joint Industry Board of the Electrical Industry

The Joint Industry Board of the Electrical Industry was established in 1943 by Harry Van Arsdale Jr. together with IBEW Local Union No. 3 and the New York Chapter of the National Electrical Contractors Association. It delivers health, pension, annuity, and training benefits to union electricians and contractors in the New York metropolitan area. Investment activity centers on real estate holdings, private equity commitments, and infrastructure exposure. Confirmed positions include direct ownership of the Electchester cooperative housing complex, the Electric Industry Center headquarters, the Long Island Educational Center, and limited partnership interests in Portfolio Advisors Private Equity Fund IV and Clean Energy Infrastructure Projects. Geographic focus remains concentrated in New York State with additional exposure through national and global fund vehicles. The organization employs no disclosed investment staff count beyond the CIO. It maintains the Educational and Cultural Trust Fund of the Electrical Industry, founded in 1964, which funds scholarships and training programs. Robert Ball spoke at the CFA Society New York Asset Owner Series in February 2026. Governance rests on equal representation from labor and management trustees. This bipartite structure determines both benefit design and investment policy without external family succession considerations.