Massachusetts Laborers' Benefit Funds

Massachusetts Laborers' Benefit Funds

Massachusetts Laborers' Benefit Funds was established in 1961 to deliver retirement, health, and annuity benefits to eligible laborers. Nathan P. Goldstein holds the Executive Director role. The plan operates under a multi-employer framework tied to the Laborers' District Council of Eastern Massachusetts and LIUNA. The fund allocates across private equity, real estate, and infrastructure. Confirmed holdings include Clearlake Capital Partners V, Tishman Speyer Real Estate Venture VII, Energy Capital Partners IV, and Ullico Infrastructure Fund. Allocations run through the Pension Fund and Annuity Fund. Geographic exposure centers on the United States with some global credit and real assets mandates. The fund maintains an administrative headquarters in Burlington, Massachusetts. It works with NEPC as investment advisor and maintains relationships with custodians including BNY Mellon and State Street Bank. Nathan P. Goldstein currently leads operations. The multi-employer Taft-Hartley governance structure requires joint labor-management trusteeship and channels capital through external managers rather than direct co-investments.