# Minneapolis Retail Meat Cutters and Food Handlers Fringe Funds

Minneapolis Retail Meat Cutters and Food Handlers Fringe Funds is a Pension Fund based in Bloomington, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Bloomington, United States
- **Region:** North America
- **Address:** 3001 Metro Drive, Suite 500, Bloomington, MN 55425
- **Founded:** 1960
- **Assets under management:** 631 (Altss estimate)
- **Website:** 663benefits.com

## Regulatory record

- **Reports private funds:** No

## About

The Minneapolis Retail Meat Cutters and Food Handlers Fringe Funds was created in 1960 through collective bargaining between UFCW Local 663 and contributing employers in the Minneapolis retail food sector. Matthew Utecht, president of the local, serves as board chairman alongside employer trustees from firms such as Lund Food Holdings and UNFI. The plan remains jointly administered and covers active and retired meat cutters and food handlers. Investment allocations include a 6.5 percent target to private equity executed through fund commitments and limited partnerships. Confirmed holdings encompass positions in Hamilton Lane, TPG Angelo Gordon and Crescent Capital Group vehicles. Real estate exposure occurs via commingled partnerships valued on NAV. Public equity and fixed income sit in collective trusts managed by State Street Global Advisors and JPMorgan. Geographic reach centers on U.S. markets with some international equity through commingled vehicles. The fund reports 631 million dollars in assets. Wilson-McShane Corporation has served as plan administrator since inception. Additional service providers include Legacy Professionals for audit and counsel, Segal Consulting for actuarial work, and multiple insurance carriers for ancillary benefits. No new office locations or staff expansions have been recorded in the past 24 months. Governance follows a joint board structure mandated by multiemployer plan rules, with trustees drawn equally from the union and contributing employers. This architecture ties investment policy directly to ongoing collective bargaining outcomes rather than a single-family mandate or external asset manager platform.

## Sectors

- Private Equity
- Real Estate

## People

- Matthew Utecht — Chairman of the Board of Trustees
- William Seehafer — Secretary of the Board of Trustees

## Questions

### Who runs investment decisions at the Minneapolis Retail Meat Cutters and Food Handlers Fringe Funds?

A joint board of trustees with equal union and employer representation sets policy. Matthew Utecht serves as chairman. Day-to-day administration is handled by Wilson-McShane Corporation.

### Does the fund participate in fund commitments or only direct deals?

The fund invests through private equity and real estate partnerships and commingled trusts. No direct company-level investments are disclosed in current holdings.

### Which asset classes receive allocations?

Public equities, fixed income, private equity partnerships, and real estate partnerships. Private equity currently stands at 6.5 percent of assets.

### How is the fund related to UFCW Local 663?

The local union jointly administers the plan and supplies half the board of trustees. The fund was established to provide benefits for members covered by Local 663 contracts.

### What investment stages does the fund target in private equity?

The fund accesses buyout, distressed debt, secondaries, and venture strategies through its partnership commitments. No single stage dominates disclosed holdings.

## Related profiles

- [Taiwan International Cooperation & Development Fund](https://altss.com/profile/taiwan-international-cooperation-development-fund)
- [Aurica](https://altss.com/profile/aurica)

---

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

Canonical page: https://altss.com/profile/minneapolis-retail-meat-cutters-and-food-handlers-fringe-funds

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology