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OPEIU Locals 30 & 537 Trust Funds
The OPEIU Locals 30 & 537 Trust Funds were established in 1962 to provide retirement benefits to office and professional employees represented by two Office...
OPEIU Locals 30 & 537 Trust Funds
The OPEIU Locals 30 & 537 Trust Funds were established in 1962 to provide retirement benefits to office and professional employees represented by two Office and Professional Employees International Union locals in Southern California and Arizona. The fund covers workers in cities including Los Angeles, Pasadena, Claremont, San Diego, and Phoenix. Management is overseen by a joint board of trustees — employer-side trustees and union-side trustees — led by Ron Miller on the management side and Jacqueline White-Brown on the union side. Patricia E. Bautista, Stacey M. Cue, Marianne Giordano, Maria Riggs, and Walter Allen Jr. also serve as trustees. The fund deploys capital across a broad mandate that includes buyout funds, venture capital from seed to late-stage, distressed debt, mezzanine, and special situations. Real estate exposure includes a position in the JP Morgan Strategic Property Fund, a core diversified open-end vehicle with holdings across US office, industrial, retail, and multifamily properties. The fund also invests through common and collective trusts and 103-12 investment entities — pooled structures that allow smaller Taft-Hartley plans to access institutional asset classes. The geographic footprint is national, with California-based concentration consistent with the union's membership base. Total asset figures are not publicly disclosed; an Altss research estimate places the fund at approximately $135 million in assets under management (Altss estimate). The fund operates with a lean governance structure typical of mid-sized Taft-Hartley plans — trustees set policy and approve allocations, with day-to-day investment management outsourced to external managers and consultants. The fund is affiliated with the AFL-CIO through its parent union, the Office and Professional Employees International Union. As a multiemployer defined-benefit plan, the fund pools contributions from multiple employers within a single industry — here, office and professional services — creating portability for workers who move between contributing employers. This shared-risk architecture distinguishes Taft-Hartley plans from single-employer pensions and subjects them to specific ERISA fiduciary standards, withdrawal liability rules, and oversight by the Pension Benefit Guaranty Corporation under the Multiemployer Pension Reform Act of 2014.
General information
Firm type
Multi Family Office
Year founded
1962
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Principals
Ron Miller
Management Trustee
Jacqueline White-Brown
Union Trustee
Rodney Cobos
Management Trustee
Patricia E. Bautista
Union Trustee
Stacey M. Cue
Union Trustee
Marianne Giordano
Union Trustee
Maria Riggs
Union Trustee
Walter Allen Jr.
Union Trustee
Sector focus
Frequently asked questions
What type of pension fund is this, and who does it cover?
This is a multiemployer defined-benefit plan — a Taft-Hartley fund — covering office and professional employees represented by OPEIU Locals 30 and 537. Membership spans workers in Southern California cities including Los Angeles, Pasadena, Claremont, and San Diego, plus Phoenix, Arizona. The fund pools contributions from multiple employers within the office and professional services industry, giving participants portable retirement benefits when they move between contributing employers.
How are investment decisions made at this fund?
Investment decisions are governed by a joint board of trustees, split evenly between management-appointed trustees and union-appointed trustees. The trustees set asset-allocation policy and approve manager selections. Day-to-day portfolio management and due diligence are typically outsourced to an investment consultant, though the specific consultant is not publicly disclosed. Trustee names on record include Ron Miller, Rodney Cobos, Patricia E. Bautista, Stacey M. Cue, Jacqueline White-Brown, Marianne Giordano, Maria Riggs, and Walter Allen Jr.
Does the fund invest directly in companies, or only through external managers?
The fund primarily invests through external managers and pooled vehicles rather than making direct company investments. Its strategy includes buyout funds, venture capital funds, distressed-debt funds, mezzanine strategies, and real estate through vehicles like the JP Morgan Strategic Property Fund. It also uses common and collective trusts and 103-12 investment entities — pooled structures that aggregate capital from multiple qualified plans to access strategies that would be impractical for a single mid-sized fund to access directly.
What real estate exposure does the fund carry?
A known real estate holding is a position in the JP Morgan Strategic Property Fund, a core, open-end diversified fund that invests in institutional-quality US office, industrial, retail, and multifamily properties. This vehicle is widely used by Taft-Hartley plans and other institutional investors seeking stable, income-oriented real estate exposure without the operational burden of direct property management.
Is this fund subject to Multiemployer Pension Reform Act oversight?
Yes. As a multiemployer defined-benefit plan, the fund falls under ERISA and is subject to the Multiemployer Pension Reform Act of 2014, which governs funding standards, withdrawal liability for employers leaving the plan, and oversight by the Pension Benefit Guaranty Corporation. The fund's funded status and PBGC zone classification are not publicly disclosed, a common practice among smaller Taft-Hartley plans that are not required to file public filings with the same granularity as large corporate pensions.
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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