Pension Fund

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Laborers International Union of North America

The Laborers International Union of North America was founded in 1903. Brent Booker succeeded Terry O'Sullivan as General President on May 1, 2023. Michael F.

Laborers International Union of North America logo

Laborers International Union of North America

The Laborers International Union of North America was founded in 1903. Brent Booker succeeded Terry O'Sullivan as General President on May 1, 2023. Michael F. Sabitoni serves as General Secretary-Treasurer and Joseph Mancinelli as International Vice President and Canadian Director. The union maintains pension assets as an asset owner. Confirmed holdings include residential properties such as 75 James and The William Thomas in Hamilton, Ontario, plus the Moreschi Building in Washington, DC. Additional assets encompass the New England Laborers' Training Trust Fund Headquarters in Hopkinton, Massachusetts, and the Hopkinton Training Campus Portfolio. Geographic reach covers the United States and Canada. Capital deployment occurs through direct ownership of union facilities and training infrastructure rather than external fund commitments. No public professional headcount or AUM figure is available. The organization maintains affiliations with the AFL-CIO through North America's Building Trades Unions and the Canadian Labour Congress. It operates the Terence J. O'Sullivan LIUNA Charitable Foundation as a separate philanthropic vehicle. The May 2023 leadership transition from O'Sullivan to Booker constitutes the most recent documented operational change. The union's structure ties investment decisions directly to member-benefit mandates and collective-bargaining outcomes. Real-estate and training assets function as extensions of labor-support operations rather than standalone portfolio strategies.

General information

Firm type

Pension Fund

Year founded

1903

Location

Region

North America

Country

United States

City

Washington

Corporate office

Washington, DC, United States

Principals

Brent Booker

General President

Terry O'Sullivan

Former General President

Michael F. Sabitoni

General Secretary-Treasurer

Joseph Mancinelli

International Vice President and Canadian Director

Frequently asked questions

Who runs investment decisions at Laborers International Union of North America?

Brent Booker serves as General President with oversight of union operations including pension assets. Michael F. Sabitoni acts as General Secretary-Treasurer. Joseph Mancinelli directs Canadian activities.

Does Laborers International Union of North America participate in fund commitments or only direct deals?

Available records show direct ownership of real-estate assets and training facilities. No external fund commitments or co-investments are documented.

Where does the underlying wealth come from?

Assets derive from member dues and pension contributions of approximately 500,000 construction and public service workers.

Does Laborers International Union of North America maintain philanthropic structures, and how are they separated?

The Terence J. O'Sullivan LIUNA Charitable Foundation operates as a distinct entity from core pension and union functions.

What investment stages does Laborers International Union of North America typically target?

Activity centers on direct ownership of operational real estate and training infrastructure rather than venture or growth-stage investments.

Profile maintained by 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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