Pension Fund

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Lincoln Electric

Lincoln Electric Company was founded in 1895. The James F. Lincoln Arc Welding Foundation, established in 1936, anchors the pension structure.

Lincoln Electric

Lincoln Electric Company was founded in 1895. The James F. Lincoln Arc Welding Foundation, established in 1936, anchors the pension structure. The Lozick family maintains involvement through The Lozick Family Foundation, formed in 2016. The pension fund holds public equity positions including Magnolia Oil & Gas Corp, Masco Corp, Matador Resources Co, McCormick & Co Inc, Medpace Holdings Inc and Nordson Corporation as of 2024 filings. It maintains direct ownership of operating subsidiaries such as Alloy Steel Australia, Vanair Manufacturing, Askaynak and Fori Automation. Geographic exposure spans the United States, Australia and Turkey. The fund lists 71 manufacturing sites across 20 countries. It supports two corporate foundations with combined annual giving above $1.9 million. No dated operational events for the pension vehicle appear in the last 24 months. The pension operates as a corporate plan with liquidity terms tied to GMP equalisation reserves. Governance links the fund to the parent manufacturing company through shared leadership and foundation structures.

General information

Firm type

Pension Fund

Year founded

1936

AUM

847 (Altss estimate)

Location

Region

North America

Country

United States

City

Cleveland

Corporate office

22801 Saint Clair Avenue, Cleveland, OH 44117, United States

Principals

Steven B. Hedlund

Chairman and CEO

Sector focus

Industrials

Frequently asked questions

Who runs investment decisions at Lincoln Electric's pension fund?

Steven B. Hedlund, Chairman and CEO of Lincoln Electric Holdings, holds oversight responsibility. External managers execute day-to-day allocation.

Does the Lincoln Electric pension participate in fund commitments or only direct deals?

The plan uses pooled funds for liquidity and holds listed equity positions. Direct ownership of subsidiaries occurs through the parent company.

Where does the underlying wealth come from for the Lincoln Electric pension?

Assets derive from the manufacturing operations of Lincoln Electric Holdings, established in 1895.

What investment stages does the Lincoln Electric pension target?

The plan maintains public equity holdings and direct ownership of operating businesses. No venture or early-stage commitments are disclosed.

How is the Lincoln Electric pension related to its corporate parent?

The pension functions as the employee savings plan of Lincoln Electric Holdings with shared executive leadership.

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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