# Mason Tenders' District Council Pension Fund Mason Tenders' District Council Pension Fund is a Pension Fund based in New York, United States. ## Overview - **Organization type:** Pension Fund - **Headquarters:** New York, United States - **Region:** North America - **Address:** 520 Eighth Avenue Suite 600, New York, NY, United States - **Founded:** 1955 - **Assets under management:** Undisclosed - **Website:** member.mtdctrustfunds.org - **LinkedIn:** https://member.mtdctrustfunds.org/ ## About The Mason Tenders' District Council Pension Fund was established in 1955 to deliver retirement benefits to members of the Mason Tenders' District Council. Robert Bonanza acts as Business Manager of the district council while Mike Hellstrom and John O'Hare co-chair the board of trustees. The fund draws contributions solely from employers on behalf of union workers in construction trades. Allocations include a 6.57 percent target to private equity alongside real estate positions. Confirmed holdings encompass commitments to Neuberger Berman Private Equity Funds and Hamilton Lane Private Equity Funds. The fund also maintains direct ownership in commercial properties such as 215 West 18th Street in New York. Geographic exposure centers on the United States with additional positions in Italy through public equity. The fund lists 17,000 members and retains Neuberger Berman and Hamilton Lane as investment managers since 2018. Mercer serves as real estate consultant. An affiliated 501(c)(3) entity, Tenders Inc., was formed in 1999 to support arts initiatives in the New York construction community. In April 2024 the fund attended the Prysmian Ordinary Shareholders' Meeting in Milan as a shareholder. Governance follows a joint labor-management model with trustees drawn from the union and the Building Contractors Association. This structure separates benefit administration from investment execution through external managers while retaining direct real estate ownership in select cases. ## Sectors - Real Estate - Private Equity ## People - Mike Hellstrom — Labor Co-Chair of the Board of Trustees - John O'Hare — Management Co-Chair of the Board of Trustees - Robert Bonanza — Business Manager of Mason Tenders' District Council - David Bolger — Union Trustee - Anna Gutsin — Fund Director ## Questions ### Who runs investment decisions at Mason Tenders' District Council Pension Fund? The Board of Trustees, co-chaired by Mike Hellstrom and John O'Hare, oversees the fund. External managers Neuberger Berman and Hamilton Lane execute private equity mandates under trustee direction. ### Does Mason Tenders' District Council Pension Fund participate in fund commitments or only direct deals? The fund holds limited partner interests in Neuberger Berman and Hamilton Lane private equity vehicles. It also maintains direct ownership of commercial real estate assets such as 215 West 18th Street. ### What investment stages does Mason Tenders' District Council Pension Fund typically target? Private equity exposure spans buyout, growth, and secondaries strategies through fund commitments. Real estate holdings include core and direct property positions. ### How is Mason Tenders' District Council Pension Fund related to LIUNA? The fund operates as the pension vehicle for the Mason Tenders' District Council, an affiliate of the Laborers' International Union of North America. ### What is Mason Tenders' District Council Pension Fund's known posture on co-investments alongside external GPs? No direct co-investment program is disclosed. Exposure occurs through fund commitments to managers such as Neuberger Berman and Hamilton Lane. ## Related profiles - [Ludwig Institute for Cancer Research](https://altss.com/profile/ludwig-institute-for-cancer-research-licr) - [Okabena Investment Services](https://altss.com/profile/okabena-investment-services-ois) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/mason-tenders-district-council-pension-fund Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology