Metal Lathers Local 46 Pension Fund

Metal Lathers Local 46 Pension Fund

Metal Lathers Local 46 Pension Fund was founded in 1950 to administer retirement benefits for union members in the metallic lathing and ironworking trades. Michael S. Anderson leads operations alongside trustees including Terrence Moore. The plan maintains separate but affiliated vehicles for annuity and scholarship functions. The fund deploys capital into private equity buyouts and infrastructure assets. Allocations run through limited partnership interests with GCM Grosvenor, Crescent Capital Group, Boyd Watterson Asset Management, and Corbin Capital Partners. Geographic exposure centers on the United States with additional commitments to Ullico Infrastructure Fund. The pension participates in the GCM Grosvenor Labor Impact Fund. Assets total $479 million. The fund shares administration with the Metal Lathers Local 46 Annuity Fund and maintains offices in Woodside and New York City. Service providers include The Segal Company for actuarial work and Neuberger Berman Investment Advisers for certain mandates. No operational events from the last 24 months appear in available records. The fund operates under multiemployer trust governance with equal labor and management trustees. This structure ties investment decisions to collective bargaining agreements with employer associations such as The Cement League and Building Contractors Association.