# National Electrical Benefit Fund

National Electrical Benefit Fund is a Pension Fund based in Rockville, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Rockville, United States
- **Region:** North America
- **Address:** Rockville, Maryland, United States
- **Founded:** 1946
- **Assets under management:** 35000 (Altss estimate)
- **Website:** nebf.com
- **LinkedIn:** https://www.linkedin.com/company/national-electrical-benefit-fund

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Real Estate
- Private Equity

## Offices

- Washington, DC

## People

- Darrin E. Golden — Executive Secretary-Treasurer
- Kevin McCormack — Executive Director of Investments

## 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.

### 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.

## Related profiles

- [Citigroup Pension Fund](https://altss.com/profile/citigroup-pension-fund)
- [AFP Capital](https://altss.com/profile/afp-capital)

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

Canonical page: https://altss.com/profile/national-electrical-benefit-fund

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