# Pipefitters Local 636 Defined Benefit Pension Fund

Pipefitters Local 636 Defined Benefit Pension Fund is a Pension Fund based in Farmington Hills, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Farmington Hills, United States
- **Region:** North America
- **Address:** 700 Tower Drive Suite 300, Troy, MI 48098, United States
- **Founded:** 1914
- **Assets under management:** 450 (Altss estimate)
- **Website:** www.pipefitters636.org
- **LinkedIn:** https://www.linkedin.com/company/pipefitters-local-636-detroit

## Regulatory record

- **Reports private funds:** No

## About

The Pipefitters Local 636 Defined Benefit Pension Fund was established in 1993. It functions as a multiemployer defined-benefit plan for pipefitters and HVAC technicians in Southeast Michigan under the United Association (UA) Local 636. The fund allocates across private equity and real estate. Confirmed positions include a commitment to TerraCap Partners Fund V, a closed-end real estate vehicle focused on value-add commercial properties in North America. It also maintains natural resources exposure on a global basis. Additional strategies listed in plan records encompass buyout, distressed debt, venture, growth, mezzanine, secondaries, and fund-of-funds approaches. Assets total $450 million. The plan is administered by BeneSys, Inc. since 1993. Legal counsel includes Sullivan, Ward, Asher & Patton, P.C. and AsherKelly. Prudential Annuities Service acts as custodian. The fund maintains an investment horizon of 10 to 20 years and a ticket size range of $5 million to $15 million. Governance rests with a Board of Trustees drawn from union leadership. The structure ties investment decisions directly to the affiliated labor organization rather than external managers or family principals.

## Sectors

- Diversified

## People

- Larry Krisniski — Business Manager and Trustee
- Jake Regits — Financial Secretary, Treasurer, and Trustee
- Dan Gurley — Business Agent and Trustee

## Questions

### Who runs investment decisions at Pipefitters Local 636 Defined Benefit Pension Fund?

A Board of Trustees composed of union officers including Larry Krisniski, Jake Regits, and Dan Gurley oversees decisions. The plan is administered by BeneSys, Inc.

### Does Pipefitters Local 636 Defined Benefit Pension Fund participate in fund commitments or only direct deals?

The fund makes commitments to closed-end vehicles. A confirmed position is TerraCap Partners Fund V.

### What asset classes does Pipefitters Local 636 Defined Benefit Pension Fund target?

Allocations include private equity at 4.22 percent and real estate. Additional strategies encompass buyout, distressed debt, venture, growth, mezzanine, secondaries, and fund-of-funds.

### What is Pipefitters Local 636 Defined Benefit Pension Fund's known posture on co-investments alongside external GPs?

No direct co-investment program is disclosed. The fund operates through limited partner commitments to external vehicles.

## Related profiles

- [Compton Financial Group](https://altss.com/profile/compton-financial-group)
- [Carson Family Charitable Trust](https://altss.com/profile/carson-family-charitable-trust)

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Last updated: 2026-07-08T21:10:43.542Z

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