# Massachusetts Laborers' Benefit Funds

Massachusetts Laborers' Benefit Funds is a Pension Fund based in Burlington, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Burlington, United States
- **Region:** North America
- **Address:** 1400 District Avenue Suite 200, Burlington, MA 01803, United States
- **Founded:** 1961
- **Assets under management:** 2283 (Altss estimate)
- **Website:** www.mlbf.org

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Private Equity
- Real Estate
- Infrastructure

## People

- Nathan P. Goldstein — Executive Director
- Louis A. Mandarini, III — Administrator

## Questions

### Who runs investment decisions at Massachusetts Laborers' Benefit Funds?

Nathan P. Goldstein serves as Executive Director. NEPC acts as the primary investment advisor.

### Does Massachusetts Laborers' Benefit Funds participate in fund commitments or only direct deals?

The fund commits to external vehicles including private equity funds, real estate partnerships, and infrastructure funds.

### What asset classes receive allocations from Massachusetts Laborers' Benefit Funds?

Allocations include private equity at 11.26 percent along with real estate, infrastructure, and credit strategies.

### Where does Massachusetts Laborers' Benefit Funds source its commitments?

Commitments occur through limited partnership interests in funds managed by firms such as Clearlake, Tishman Speyer, and Energy Capital Partners.

### How is Massachusetts Laborers' Benefit Funds governed?

It operates as a Taft-Hartley multi-employer plan with joint trustees from labor and management sides.

## Related profiles

- [National Construction Association Pension Plan](https://altss.com/profile/national-construction-association-pension-plan)
- [Liberty University Endowment](https://altss.com/profile/liberty-university-endowment)

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

Canonical page: https://altss.com/profile/massachusetts-laborers-benefit-funds

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