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Local 817 IBT Pension Fund
Local 817 IBT Pension Fund was established in 1959. Thomas J. O'Donnell has acted as President of the local and Trustee of the pension fund. The fund reports a...
Local 817 IBT Pension Fund
Local 817 IBT Pension Fund was established in 1959. Thomas J. O'Donnell has acted as President of the local and Trustee of the pension fund. The fund reports a 12.44 percent allocation to private equity. Confirmed holdings include an interest in LibreMax OC Master Fund, Ltd. and ownership of Local 817 Real Estate Holding Corp. The pension fund also maintains a pooled private equity vehicle valued at $2.79 million and a union fleet of automobiles. The fund operates from its headquarters in Great Neck, New York. It maintains related vehicles including the Local 817 IBT Welfare Fund and scholarship funds established as early as 1965. The pension fund is structured as a multiemployer plan under the International Brotherhood of Teamsters, with investment management provided by external firms including LibreMax Capital, LLC since 2020.
General information
Firm type
Pension Fund
Year founded
1959
Location
Region
North America
Country
United States
City
Great Neck
Corporate office
817 Old Cuttermill Road, Great Neck, NY 11021, United States
Principals
Thomas J. O'Donnell
President of Local 817 and Trustee of the Pension Fund
Francis J. Connolly Jr.
Secretary-Treasurer of Local 817
Kathleen Kreinbihl
Fund Administrator
Sector focus
Frequently asked questions
Who runs investment decisions at Local 817 IBT Pension Fund?
Thomas J. O'Donnell serves as Trustee alongside Francis J. Connolly Jr. as Secretary-Treasurer. Kathleen Kreinbihl acts as Fund Administrator. External managers include LibreMax Capital, LLC and Ziegler Capital Management, LLC.
Does Local 817 IBT Pension Fund participate in fund commitments or only direct deals?
The fund holds both a pooled private equity vehicle and direct real estate assets through Local 817 Real Estate Holding Corp. It also maintains a position in LibreMax OC Master Fund, Ltd. as a limited partner.
Where does the underlying wealth come from?
The pension fund receives contributions from employers under collective bargaining agreements covering theatrical teamsters in the TV and film industry.
What investment stages does Local 817 IBT Pension Fund typically target?
Allocations include buyout, growth, co-investment, secondaries, and early-stage venture strategies according to recorded strategy tags.
How is Local 817 IBT Pension Fund related to the International Brotherhood of Teamsters?
It operates as an affiliated local union pension plan chartered under the IBT, with the parent organization noted as a business partner in multiple records.
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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