# OPEIU Locals 30 & 537 Trust Funds

OPEIU Locals 30 & 537 Trust Funds is a Pension Fund based in Los Angeles, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Founded:** 1962
- **Assets under management:** Undisclosed
- **Website:** www.opeiufunds.org

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Real Estate
- Private Equity
- Venture Capital
- Hedge Funds
- Private Credit

## People

- 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

## 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.

### 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.

## Related profiles

- [James Madison University Foundation](https://altss.com/profile/james-madison-university-foundation)
- [Sherwin-Williams](https://altss.com/profile/sherwin-williams)

---

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

Canonical page: https://altss.com/profile/office-professional-employees-international-union-locals-30-537-trust-funds

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology