PwC Retirement Benefit Accumulation Plan

PwC Retirement Benefit Accumulation Plan

The plan was created in 2012 as a noncontributory defined benefit vehicle for partners and principals of PricewaterhouseCoopers. It sits inside the PwC network and is overseen by an Administrative Committee that handles investment policy and governance. Allocations include private equity exposure at 1.39 percent alongside real estate positions in Canyon-Johnson Urban Fund III and multiple direct properties such as Roosevelt Collection in Chicago and 233 Geary Street in San Francisco. Additional commitments run through UBS Hedge Fund Solutions, Aristeia Capital, and Fortress Lending Fund I. Geographic reach centers on the United States with holdings in Illinois, California, Texas, Delaware, and Washington, D.C. Service providers include BNY Mellon as trustee, Kirkland & Ellis as legal counsel, and Dimensional Fund Advisors for certain equity mandates. The plan also maintains a relationship with the parallel Savings Plan for Employees and Partners of PricewaterhouseCoopers. Governance flows through the Administrative Committee rather than a conventional investment office, creating a direct link between the sponsoring employer and day-to-day oversight of the retirement vehicle.