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Laborers District Council & Contractors Pension Fund of Ohio
The Laborers District Council & Contractors Pension Fund of Ohio was established in 1967 to provide retirement security for union construction laborers...
Laborers District Council & Contractors Pension Fund of Ohio
The Laborers District Council & Contractors Pension Fund of Ohio was established in 1967 to provide retirement security for union construction laborers throughout the state. The plan is jointly administered by the Ohio Laborers' District Council and the Ohio Contractors Association, with Ralph E. Cole serving as Business Manager of the District Council and a key figure in its governance. The fund deploys capital across a notably wide range of asset classes. Its strategy spans venture capital (including seed, early-stage, and expansion-stage), buyout, growth equity, mezzanine, distressed debt, and CLOs. It also participates in secondaries, special situations, natural resources, and timber. Real estate exposure includes co-investments and direct holdings such as the Ohio Laborers Benefits headquarters in Westerville and LECET rental properties. The fund has been recognized for commitments to diverse-managed private equity vehicles, including through the National Association of Investment Companies (NAIC). With operations run out of Westerville, Ohio, the fund operates as part of the broader Ohio Laborers Benefits system, which also includes cooperative education trusts and a PAC. The fund is a sponsor and regular attendee of the International Foundation of Employee Benefit Plans symposiums. The retirement plan consistently received 'Green Zone' certification, a marker of funded-status health in multiemployer pension monitoring. The AUM figure is not publicly disclosed by the fund. Structurally, the fund is a classic Taft-Hartley multiemployer plan, which means it pools contributions from multiple construction contractors across Ohio under collective bargaining agreements. This joint labor-management design creates a governance architecture distinct from state or corporate pension plans, with fiduciary oversight shared by union and employer trustees. The fund's commitment to diverse-managed mandates and direct property holdings further differentiates it from peers that outsource all allocation decisions to consultants.
General information
Firm type
Pension Fund
Year founded
1967
Location
Region
North America
Country
United States
City
Westerville
Corporate office
800 Hillsdowne Road, Westerville, OH 43081, United States
Principals
Ralph E. Cole
Business Manager, Ohio Laborers' District Council; Pension Fund Trustee
Anthony Liberatore Jr.
Trustee, Ohio Laborers District Council LECET trust
Sector focus
Frequently asked questions
Who oversees the investment decisions at the fund?
The fund is jointly administered by management trustees from the Ohio Contractors Association and union trustees from the Ohio Laborers' District Council. Ralph E. Cole, Business Manager of the District Council, is a prominent trustee. Investment responsibilities are typically executed through board committees, investment staff, or external consultants operating under the board's fiduciary oversight.
What is the fund's investment strategy?
The fund allocates across a broad range of asset classes including venture capital, buyout, growth equity, mezzanine, distressed debt, CLOs, secondaries, special situations, natural resources, and timber. It also holds direct real estate assets such as its Westerville headquarters and LECET rental properties. The strategy includes both fund commitments and direct co-investments.
Is the fund involved in diversity-focused investment initiatives?
Yes. The fund has been recognized for commitments to diverse-managed private equity funds. It maintains a membership with the National Association of Investment Companies, an industry group that represents diverse-owned alternative investment firms (Altss research).
How is the fund related to the Ohio Laborers' District Council and the Ohio Contractors Association?
The fund is a jointly administered Taft-Hartley multiemployer pension plan. The Ohio Laborers' District Council represents the union members covered by the plan, and the Ohio Contractors Association represents the contributing employers. Both organizations appoint trustees who share fiduciary responsibility for the fund.
Does the fund have any philanthropic or political structures?
Yes. The broader Ohio Laborers Benefits system includes the Ohio Laborers District Council-Ohio Contractors Association Cooperative and Education Trust, which supports training programs. A separate PAC, the Ohio Laborers District Council PAC, engages in political activities, structurally distinct from the pension fund's assets (Altss research).
What is the fund's current funded status?
The Laborers District Council & Contractors Pension Fund of Ohio has consistently achieved 'Green Zone' certification, indicating a healthy funded status under the multiemployer pension plan zone-status framework (Altss research). The precise funded ratio is not publicly disclosed.
Is the fund's AUM publicly disclosed?
No. The fund has not released a publicly available AUM figure. Institutional databases do not carry a verified current number. The fund's Form 5500 filings with the Department of Labor may contain asset values, but these are not routinely updated in accessible public-data sets.
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.
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