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OPEIU, Locals #30 & #537
OPEIU Locals #30 and #537 are union pension trust funds affiliated with the Office and Professional Employees International Union, representing clerical,...
OPEIU, Locals #30 & #537
OPEIU Locals #30 and #537 are union pension trust funds affiliated with the Office and Professional Employees International Union, representing clerical, technical, and office workers in sectors such as healthcare, insurance, and utilities. The funds are managed locally by trustees including Jacqueline White-Brown, Business Manager of Local 537, and Marianne Giordano, Executive Director of Local 30, who oversee the investment and benefit administration for their respective locals. The trust funds deploy capital primarily through private equity buyout investments, as reflected in their stated strategy. Their portfolio includes real estate holdings such as commercial office properties in San Diego and Pasadena, as well as loans to affiliated union entities including OPEIU Local No. 2002 and the Hawaii Nurses' Association. Geographic focus centers on California, where the locals operate, but investment exposure may extend nationally through fund commitments. The funds maintain offices in Los Angeles (the trust fund headquarters), San Diego (Local 30), and Pasadena (Local 537). They are affiliated with the AFL-CIO and the California Labor Federation, and hold memberships in regional labor councils in San Diego and Los Angeles. In the last 24 months, no major transactions or restructuring events have been publicly reported. A structural differentiator is the funds' dual-local governance model: Local 30 and Local 537 operate separate trust funds but share a joint administrative office and investment oversight. This structure allows for pooled investment resources while preserving local autonomy over benefits and member representation.
General information
Firm type
Pension Fund
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Additional offices
San Diego, CA · Pasadena, CA
Principals
Jacqueline White-Brown
Trustee and Business Manager of Local 537
Marianne Giordano
Executive Director and CFO of Local 30
Sector focus
Frequently asked questions
Who runs investment decisions at OPEIU Locals #30 & #537?
Investment decisions are overseen by the trustees of each local: Jacqueline White-Brown serves as Trustee and Business Manager for Local 537, and Marianne Giordano is Executive Director and CFO for Local 30. They manage the trust funds jointly with a shared administrative office.
What types of investments do these funds make?
The funds' stated strategy is buyout private equity, supplemented by real estate holdings (commercial office properties) and loans to affiliated union entities. Their portfolio includes real estate in San Diego and Pasadena, plus loans to other OPEIU locals and the Hawaii Nurses' Association.
How are OPEIU Locals #30 and #537 structured?
Each local operates its own pension and trust fund, but they share a joint administrative office in Los Angeles. This dual-local governance structure allows for pooled resources while maintaining local control over benefits and member representation.
What is the geographic focus of these funds?
The funds focus primarily on California, where their members and office properties are located. Their loans extend to Hawaii for the Nurses' Association. Investment exposure may be broader through private equity fund commitments.
Are these funds affiliated with larger labor organizations?
Yes. OPEIU Locals #30 and #537 are local affiliates of the Office and Professional Employees International Union, which is part of the AFL-CIO. They also hold memberships in the California Labor Federation and regional labor councils in San Diego and Los Angeles.
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