# Local 817 IBT Pension Fund

Local 817 IBT Pension Fund is a Pension Fund based in Great Neck, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Great Neck, United States
- **Region:** North America
- **Address:** 817 Old Cuttermill Road, Great Neck, NY 11021, United States
- **Founded:** 1959
- **Assets under management:** 619 (Altss estimate)
- **Website:** local817.com
- **LinkedIn:** https://www.local817.com/

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Private Equity
- Real Estate

## People

- 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

## 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.

### 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.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/local-817-ibt-pension-fund

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