# Roofers Local 11

Roofers Local 11 is a Pension Fund based in Oak Brook, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Oak Brook, United States
- **Region:** North America
- **Address:** 2021 Swift Drive Suite A, Oak Brook, IL 60523, United States
- **Founded:** 1958
- **Assets under management:** 499 (Altss estimate)
- **Website:** rooferslocal11.org

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Real Estate
- Diversified

## People

- Gary Menzel — Business Manager and President

## 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.

### 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.

## Related profiles

- [UA Local 787 Pension Plan](https://altss.com/profile/u-a-local-787-pension-plan)
- [Saint Joseph's University (SJU)](https://altss.com/profile/saint-joseph-s-university-sju)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/roofers-local-11

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology