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New Orleans Steamship Association - ILA
The fund originated as a union defined-benefit plan serving maritime labor in Louisiana. Nick Jumonville and Dwayne Boudreaux serve as co-chairmen representing...
New Orleans Steamship Association - ILA
The fund originated as a union defined-benefit plan serving maritime labor in Louisiana. Nick Jumonville and Dwayne Boudreaux serve as co-chairmen representing employers and the union respectively. The plan holds positions in secondaries and corporate bonds. Confirmed holdings include exposure through Principal Real Estate Investors in mixed-use assets in the United States and the New Orleans Employers ILA Royalty Escrow Account. Geographic focus centers on North America with primary activity in Louisiana. Thomas Daniel acts as plan administrator. The fund maintains ties to the International Longshoremen's Association and the Louisiana Maritime Association. No recent operational events from the last 24 months appear in available records. Governance follows a joint board structure with equal employer and union representation on the Board of Trustees.
General information
Firm type
Pension Fund
Year founded
1956
AUM
116 (Altss estimate)
Location
Region
North America
Country
United States
City
New Orleans
Corporate office
New Orleans, United States
Principals
Nick Jumonville
Employer Co-Chairman and Trustee
Dwayne Boudreaux
Union Co-Chairman and Trustee
Thomas Daniel
Plan Administrator
Sector focus
Frequently asked questions
Who runs investment decisions at New Orleans Steamship Association ILA?
Nick Jumonville and Dwayne Boudreaux serve as co-chairmen of the Board of Trustees. Thomas Daniel handles day-to-day administration of the pension and welfare funds.
Does New Orleans Steamship Association ILA participate in fund commitments or only direct deals?
The plan deploys into secondaries and corporate bonds. No information confirms participation in primary fund commitments.
Where does the underlying wealth come from?
Assets derive from contributions by stevedoring employers and longshore workers under collective bargaining agreements in the Port of New Orleans.
What asset classes does the plan hold?
Holdings include secondaries, corporate bonds, and real estate exposure through Principal Real Estate Investors.
How is the fund related to the International Longshoremen's Association?
It operates as a multi-employer pension plan affiliated with ILA Local 3000 and ILA Local 2036.
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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