Updated:
Minnesota Laborers Pension Fund
The Minnesota Laborers Pension Fund was established in 1967 as a multiemployer defined-benefit plan. It serves members of LIUNA locals including 363, 405, 563,...
Minnesota Laborers Pension Fund
The Minnesota Laborers Pension Fund was established in 1967 as a multiemployer defined-benefit plan. It serves members of LIUNA locals including 363, 405, 563, 1091 and 1097. Shawn Braford serves as chair of the board of trustees while Andy Ristrom serves as co-chair. The fund allocates across private equity, real estate debt and infrastructure. Confirmed holdings include Torchlight Debt Fund VII, Stonepeak Partners infrastructure funds and an interest in the AFL-CIO Housing Investment Trust. It also holds positions in Host Hotels & Resorts and E2open Parent Holdings. Geographic exposure centers on the United States with additional holdings reported globally. Assets total $2.947B. The fund employs nine professionals and works with service providers that include Zenith American Solutions as third-party administrator, Meketa Investment Group as investment advisor and Shenkman Capital Management as an investment manager. No dated operational events from the last 24 months appear in available records. The plan operates under joint labor-management governance with trustees appointed by both LIUNA Minnesota and North Dakota and employer associations such as the Associated General Contractors of Minnesota.
General information
Firm type
Pension Fund
Year founded
1967
Location
Region
North America
Country
United States
City
Mendota Heights
Corporate office
2520 Pilot Knob Road Suite 325, Mendota Heights, MN, United States
Principals
Shawn Braford
Chair of the Board of Trustees
Andy Ristrom
Co-chair of the Board of Trustees
Tim Mackey
Trustee
Sector focus
Frequently asked questions
Who runs investment decisions at Minnesota Laborers Pension Fund?
The board of trustees oversees the plan with Shawn Braford as chair and Andy Ristrom as co-chair. Meketa Investment Group serves as investment advisor and Shenkman Capital Management acts as an investment manager.
Does Minnesota Laborers Pension Fund participate in fund commitments or only direct deals?
The fund participates as a limited partner in funds including Torchlight Debt Fund VII and Stonepeak infrastructure vehicles. It also holds public equity positions and convertible notes.
What asset classes does Minnesota Laborers Pension Fund target?
Allocations include private equity at a 5.73% current weight against a 7% target, real estate debt, infrastructure and public equities. The plan also maintains exposure to multifamily housing through the AFL-CIO Housing Investment Trust.
How is Minnesota Laborers Pension Fund governed?
The plan uses a joint board structure with trustees from LIUNA Minnesota and North Dakota and employer associations including the Associated General Contractors of Minnesota and Minnesota Environmental Contractors Association.
Which service providers support Minnesota Laborers Pension Fund operations?
Zenith American Solutions acts as third-party administrator. Additional providers include Segal as actuary, Bank of New York Mellon as custodian and McGrann Shea as legal counsel.
Does Minnesota Laborers Pension Fund maintain any affiliated vehicles?
The fund maintains a relationship with the Construction Laborers' Education, Training, and Apprenticeship Fund of Minnesota and North Dakota for member training programs.
Where does Minnesota Laborers Pension Fund source its investment opportunities?
The plan accesses opportunities through external managers such as Torchlight Investors, Stonepeak Partners and Shenkman Capital Management rather than direct sourcing.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: