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Laborers District Council Pension and Disability Trust No. 2
Established in 1959, the plan operates under the direction of a Board of Trustees composed of both union and employer representatives, reflecting the...
Laborers District Council Pension and Disability Trust No. 2
Established in 1959, the plan operates under the direction of a Board of Trustees composed of both union and employer representatives, reflecting the Taft-Hartley pension fund structure. The fund is based in Columbia, Maryland, and administers pension and disability benefits for eligible participants in the construction and labor sectors. The strategy spans multiple stages of private-market exposure, with allocations documented across buyout, venture capital, and secondary transactions. Within venture, the fund targets a broad continuum from seed and early-stage to expansion and late-stage investments. While specific fund commitments and co-investments are not publicly itemized by the trust, the disclosed mandate signals a full-cycle approach to private equity. Assets are managed by the Board, and the plan maintains an online portal for beneficiary access to benefit information and forms. No recent operational or personnel changes were publicly announced as of the available record, and the trust's website was under construction during the last capture. The trust does not maintain a known LinkedIn presence or public-facing investor-relations site. As a Taft-Hartley plan jointly governed by labor and management, the trust's governance structure dictates that investment decisions, including asset allocation and manager selection, flow through the joint Board rather than an independent investment office. This shared fiduciary model differentiates its decision-making process from single-sponsor corporate or public pension plans.
General information
Firm type
Pension Fund
Year founded
1959
Location
Region
North America
Country
United States
City
Columbia
Corporate office
Columbia, Maryland, United States
Sector focus
Frequently asked questions
Who makes the investment decisions for the Laborers District Council Pension and Disability Trust No. 2?
A Board of Trustees comprised of both union and employer representatives holds fiduciary responsibility for the plan, including asset allocation, manager selection, and ongoing oversight. The trust does not publish the names of individual trustees or disclose the use of an investment consultant. This joint governance is standard for Taft-Hartley pension funds.
What investment stages does the trust target within private equity?
The trust's disclosed strategy indicates participation across buyout, venture capital, and secondary transactions. Within venture, it spans the full company lifecycle — from seed and early-stage startups to expansion and late-stage rounds. This suggests the plan accesses private equity primarily through fund commitments rather than direct company investments.
Does the trust co-invest directly in companies or commit only to funds?
The available description points toward a fund-of-funds approach, allocating to buyout, venture, and secondaries strategies. Direct co-investments are not mentioned in the official record. Without an accessible investment policy statement, the presence of a discretionary direct investment program cannot be confirmed.
What is the plan's known posture on secondary transactions?
Secondaries are explicitly included in the trust's investment mandate. This allocation likely provides the plan with a channel for managing private-market liquidity and acquiring interests in seasoned funds. No specific secondary specialist managers or dedicated secondary vehicles have been publicly identified.
How is the trust's website managed and is investment information publicly available?
The plan maintains a beneficiary-facing website at ourbenefitoffice.com, which during the last capture displayed an 'under construction' notice. The site primarily offers participants access to benefit information and forms rather than serving as an investor-relations portal. Financial reports, board minutes, or manager roster information are not published there.
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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