Pension Fund

Updated:

Progress Energy Pension Plans Master Trust

Progress Energy Pension Plans Master Trust functions as the pension vehicle for employees of the utility that merged into Duke Energy Corporation in 2012.

Progress Energy Pension Plans Master Trust

Progress Energy Pension Plans Master Trust functions as the pension vehicle for employees of the utility that merged into Duke Energy Corporation in 2012. The trust maintains a business-partner relationship with Duke Energy and continues to administer legacy obligations. Allocations include positions in GMO Flexible Equities Fund, WCM Focused Growth International CIT, AllianceBernstein Emerging Markets Debt Opportunities Series, Transamerica International Focus, Virtus Long/Short Equity Fund, BlackRock MuniYield Michigan Quality Fund, MLM Managed Futures Fund, Hidden Road Partners Onshore Fund I LP, III Term Credit Hub Fund Ltd, Bridgewater Pure Alpha Euro Fund, T. Rowe Price Tax-Free Short-Intermediate Fund, Nightingale Finance Limited, BlackRock Municipal Income Trust II, Maple Leaf Partners, and Wellington Trust Company vehicles. Geographic exposure centers on United States and international developed and emerging markets. Aon Hewitt Investment Consulting serves as investment advisor and BNY Mellon acts as custodian. No public data exists on internal investment committee members or headcount. The trust reports no additional offices or adjacent philanthropic vehicles.

General information

Firm type

Pension Fund

Year founded

2007

Location

Region

North America

Country

United States

City

Charlotte

Corporate office

Charlotte, United States

Frequently asked questions

Who runs investment decisions at Progress Energy Pension Plans Master Trust?

No named internal principals appear in public records. Aon Hewitt Investment Consulting serves as the external investment advisor.

Does Progress Energy Pension Plans Master Trust participate in fund commitments or only direct deals?

The trust holds interests in multiple external funds and collective investment trusts rather than direct operating-company stakes.

What asset classes appear in the trust portfolio?

Holdings span U.S. and international equities, emerging-markets debt, municipal bonds, long/short equity, managed futures, and macro hedge-fund strategies.

How is the trust related to Duke Energy Corporation?

Duke Energy Corporation became the parent following the 2012 merger; the trust continues to manage pension assets for former Progress Energy employees.

Which service providers support the trust?

Aon Hewitt Investment Consulting acts as investment advisor and BNY Mellon serves as custodian.

Profile maintained by 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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