# Laborers' District Council Construction Industry Pension Fund

Laborers' District Council Construction Industry Pension Fund is a Pension Fund based in Philadelphia, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Philadelphia, United States
- **Region:** North America
- **Address:** 665 North Broad Street 2nd Floor, Philadelphia, PA 19123, United States
- **Founded:** 1962
- **Assets under management:** 1062 (Altss estimate)
- **Website:** www.ldc-phila-vic.org

## Regulatory record

- **Reports private funds:** No

## About

The Laborers' District Council Construction Industry Pension Fund was established in 1962. James N. Harper, Jr. acts as Co-Chair of the Board of Trustees. The plan covers eligible members of local unions affiliated with the Laborers' District Council of the Metropolitan Area of Philadelphia and Vicinity. The fund allocates 9.6 percent of assets to private equity. Confirmed commitments include positions with GCM Grosvenor Private Markets, Patriot Financial Partners, Portfolio Advisors, Mesirow Financial, Columbia Partners Private Capital, and Washington Capital Management. It also maintains a direct lending exposure through WaCap. Geographic focus centers on the United States with additional public equity holdings in issuers such as Sea Limited and Tesla. Assets total $1.062 billion. The fund maintains its headquarters at 665 North Broad Street in Philadelphia. Marquette Associates has served as investment consultant since 2024. In July 2025 the fund participated in the Sea Limited securities litigation settlement hearing. The fund functions as a multiemployer Taft-Hartley plan governed by a board of trustees drawn from the sponsoring union and employer associations. This structure ties investment decisions directly to collective bargaining agreements with the Contractors' Association of Eastern Pennsylvania and the General Building Contractors' Association.

## Sectors

- Diversified
- Financial Services

## People

- James N. Harper, Jr. — Co-Chair of the Board of Trustees

## Questions

### Who runs investment decisions at the Laborers' District Council Construction Industry Pension Fund?

James N. Harper, Jr. serves as Co-Chair of the Board of Trustees. Marquette Associates acts as investment consultant since 2024.

### Does the fund participate in fund commitments or only direct deals?

The fund commits to private equity vehicles and direct lending funds. Holdings include GCM Grosvenor Private Markets and Washington Capital Management.

### What is the fund's known posture on co-investments alongside external GPs?

No direct co-investment program is disclosed. The fund invests through limited partnership interests in private equity and debt vehicles.

### How is the fund related to the Laborers' District Council?

The Laborers' District Council of the Metropolitan Area of Philadelphia and Vicinity serves as the sponsoring union organization.

## Related profiles

- [Steamfitters Local 602](https://altss.com/profile/steamfitters-local-602)
- [IPER](https://altss.com/profile/iper-instituto-de-previdencia-do-estado-de-roraima)

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

Canonical page: https://altss.com/profile/laborers-district-council-construction-industry-pension-fund

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