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Roofers Local 11
Roofers Local 11 was established in 1958 as the base for a multiemployer pension plan serving roofing and waterproofing workers in the Chicago area.
Roofers Local 11
Roofers Local 11 was established in 1958 as the base for a multiemployer pension plan serving roofing and waterproofing workers in the Chicago area. Gary Menzel holds the role of Business Manager and President. The plan operates as a defined-benefit vehicle funded by employer contributions under collective bargaining agreements. The pension fund allocates 3.61 percent to private equity and holds interests in Ullico Inc. and the AFL-CIO Building Investment Trust. Additional commitments exist in the AFL-CIO Housing Investment Trust and the Multi-Employer Property Trust. Geographic exposure centers on the United States with concentration in Illinois real estate assets including the Kruse Martini Office Center and the Chicagoland Roofers Training Center. The fund reports $499 million in net assets. It maintains a Chicago Roofers Charity arm focused on health and veterans causes. In May 2024 the organization sponsored the National Apprentice Competition in St. Louis. The pension structure routes capital through union-governed trusts rather than external managers, creating a direct link between contribution flows and investment decisions.
General information
Firm type
Pension Fund
Year founded
1958
Location
Region
North America
Country
United States
City
Oak Brook
Corporate office
2021 Swift Drive Suite A, Oak Brook, IL 60523, United States
Principals
Gary Menzel
Business Manager and President
Sector focus
Frequently asked questions
Who runs investment decisions at Roofers Local 11?
Gary Menzel serves as Business Manager and President. Investment advisors include ASB Capital Management, Brandywine Global Investment Management, Principal Financial Group, and Segall Bryant & Hamill.
Does Roofers Local 11 participate in fund commitments or only direct deals?
The pension fund holds limited partner interests in the AFL-CIO Building Investment Trust, AFL-CIO Housing Investment Trust, and Multi-Employer Property Trust.
Where does the underlying wealth come from?
Assets derive from employer contributions to the multiemployer defined-benefit plan under union contracts covering Local 11 members.
What investment stages does Roofers Local 11 typically target?
Allocations include private equity at 3.61 percent alongside real estate holdings and insurance-linked positions such as Ullico Inc.
How is Roofers Local 11 related to affiliated unions or associations?
It maintains ties to the AFL-CIO, United Association, Chicago Roofing Contractors Association, and CISCO as industry and labor partners.
Profile maintained by Altss 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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