Line Construction Benefit Fund

Line Construction Benefit Fund

The Line Construction Benefit Fund was established in 1963 to deliver health and welfare benefits to union members and their families. It remains jointly administered with employer representatives from the National Electrical Contractors Association. The fund maintains commitments across private equity, real estate, and credit strategies. Confirmed holdings include Hamilton Lane Fund VIII (Global), TPG Angelo Gordon, Brigade Capital Management, and GCM Grosvenor Partnership, L.P. It also holds a 9.18% beneficial interest in the John Hancock Collateral Trust and maintains limited-partner positions in American Realty Advisors and ASB Real Estate Investments funds. Geographic exposure centers on the United States with additional international private-equity allocations. Assets total $1.88B. The fund occupies its own office building at 2000 Springer Drive in Lombard, Illinois, and retains Callan Associates as investment advisor, Legacy Professionals as auditor, and Comerica Bank as custodian. No operational events from the last 24 months appear in available records. Administration occurs through a board structure tied directly to IBEW and NECA, creating a closed governance loop between labor and employer sponsors that limits external manager discretion over benefit-plan assets.