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National Electrical Benefit Fund
National Electrical Benefit Fund (NEBF) resulted from an agreement between the International Brotherhood of Electrical Workers and the National Electrical...
National Electrical Benefit Fund
National Electrical Benefit Fund (NEBF) resulted from an agreement between the International Brotherhood of Electrical Workers and the National Electrical Contractors Association. It is based in Rockville, Maryland. NEBF administers the National Electrical Benefit Fund, National Electrical Annuity Plan, and National Electrical 401(k) Plan for electrical construction workers.
General information
Firm type
Pension Fund
Year founded
1946
Location
Region
North America
Country
United States
City
Rockville
Corporate office
Rockville, Maryland, United States
Additional offices
Washington, DC
Principals
Darrin E. Golden
Executive Secretary-Treasurer
Kevin McCormack
Executive Director of Investments
Sector focus
Frequently asked questions
Who runs investment decisions at the National Electrical Benefit Fund?
Kevin McCormack serves as Executive Director of Investments. Darrin E. Golden serves as Executive Secretary-Treasurer. Investment activity is overseen by the joint board of trustees.
How does the National Electrical Benefit Fund source proprietary deal flow?
The fund sources deals through its subsidiary National Real Estate Advisors and through relationships with IBEW and NECA. It also participates in institutional networks including the Council of Institutional Investors.
Does the National Electrical Benefit Fund participate in fund commitments or only direct deals?
The fund makes both direct real estate investments and limited partner commitments to private equity funds. Confirmed commitments include positions with The Carlyle Group and GCM Grosvenor.
What investment stages does the National Electrical Benefit Fund typically target?
The fund targets mature real estate assets and established private equity managers. It holds operating properties and committed capital to funds with existing portfolios.
Where does the underlying wealth come from?
Assets derive from employer and employee contributions to multi-employer retirement plans in the electrical construction industry under agreements between IBEW and NECA.
Does the National Electrical Benefit Fund maintain philanthropic structures?
The fund's subsidiary National Real Estate Advisors operates a philanthropic arm focused on education causes in the United States.
What is the National Electrical Benefit Fund's known posture on co-investments alongside external GPs?
The fund holds direct real estate assets through joint ventures with operators such as Sabey Data Center Properties and Catalyst Healthcare Real Estate.
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.
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