# Northern California Glaziers, Architectural, Metal & Glass Workers Pension Trust Fund

Northern California Glaziers, Architectural, Metal & Glass Workers Pension Trust Fund is a Pension Fund based in Dublin, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Dublin, United States
- **Region:** North America
- **Address:** 4160 Dublin Boulevard, Suite 100, Dublin, CA 94568-7756, United States
- **Founded:** 1963
- **Assets under management:** $400–$500M (Altss estimate)
- **Website:** norcalglazierstrust.org

## Regulatory record

- **Reports private funds:** No

## About

The Northern California Glaziers, Architectural, Metal & Glass Workers Pension Trust Fund was established in 1963 as a multiemployer defined-benefit plan. It covers eligible members of local unions under the International Union of Painters and Allied Trades (IUPAT) District Council 16, with employer participation governed by agreements with the Northern California Glass Management Association (NCGMA). The board reflects the plan's joint labor-management structure, with trustees including Chris Christophersen, the past Business Manager/Secretary-Treasurer of DC-16, and John Maggiore, representing employer interests. The fund's investment strategy is notably diversified for a mid-sized multiemployer plan. Public filings and Altss research indicate a portfolio that spans investment-grade and high-yield debt instruments alongside a deliberate allocation to alternative assets. Within alternatives, the fund participates in real estate through direct mixed-use holdings and vehicles like the AFL-CIO Housing Investment Trust and Ullico's J for Jobs commercial property strategy. The venture and private equity sleeve covers a broad mandate — seed, early-stage, late-stage, buyout, and secondaries — effectively operating across the entire company lifecycle. The geographic footprint focuses primarily on United States-based assets in both real estate and corporate investments. The trust most recently reported assets of roughly $486 million (Altss estimate). The plan administers benefits from its single Dublin, California office, serving participants through a member portal that provides access to tax documents and account information. While no dedicated in-house investment team is publicly documented, the trustee board relies on external manager relationships and commingled fund structures to implement the multi-asset strategy. In May 2026, the trust's website actively encouraged participants to contact the fund to determine eligibility for unclaimed pension benefits — a window into the administration's beneficiary-focused operational posture. The structural differentiator for the Glaziers Trust is its function as a labor-management multiemployer plan in a specialized building trade. Unlike corporate or public pension funds, its governance is split evenly between union and employer trustees, creating a fiduciary dynamic that must balance participant benefit security with employer contribution stability. The fund further reinforces its niche identity through involvement in labor-friendly investment products like the AFL-CIO Housing Investment Trust, which deploys union pension capital into construction projects that often generate work for the plan's own participants.

## Sectors

- Real Estate
- Private Credit
- Private Equity
- Infrastructure
- Secondaries & Special Situations

## People

- Chris Christophersen — Trustee
- Chris Bagatelos — Employee Trustee
- Brett Davis — Employee Trustee
- Robert Williams — Union Trustee
- John Maggiore — Management Trustee
- John Tweedt — Employer Trustee
- Michael B Wells — Employer Trustee
- Madison Hull — Employer Trustee
- Gene Massey — Trustee
- Alfred Weltz — Trustee
- John Buckley — Trustee

## Questions

### Who runs investment decisions at the Northern California Glaziers Pension Trust?

The fund is governed by a joint board of trustees, with equal representation from the International Union of Painters and Allied Trades (IUPAT) District Council 16 and the Northern California Glass Management Association (NCGMA). Named trustees include Chris Christophersen, Chris Bagatelos, Robert Williams, and John Maggiore. The trust does not publicly identify a dedicated internal investment committee structure, relying on the trustee group and external fund managers to implement the multi-asset strategy.

### Is the Glaziers Trust structured like a typical corporate pension plan?

No. It is a multiemployer defined-benefit plan, also known as a Taft-Hartley plan, jointly governed by union and employer trustees. This structure is common in the building trades for workers who move between multiple employers over their careers. The fund pools contributions from signatory glazing contractors across Northern California and pays benefits based on years of service, with governance rules distinct from single-employer plans.

### How is the trust related to IUPAT District Council 16?

District Council 16 of the International Union of Painters and Allied Trades (IUPAT) represents the plan's participants. The pension trust is an independent fiduciary entity, but half of its board of trustees are selected by the union. This ensures member interests are directly represented in all governance decisions, including the selection of investment managers and the setting of benefit policies.

## Related profiles

- [Versorgungswerk der Tierärztekammer Nordrhein](https://altss.com/profile/versorgungswerk-der-tierarztekammer-nordrhein)
- [UND Alumni Association & Foundation](https://altss.com/profile/und-alumni-association-and-foundation)

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

Canonical page: https://altss.com/profile/northern-california-glaziers-architectural-metal-and-glass-workers-pension-trust

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