Roofers Pension Fund

Roofers Pension Fund

The Roofers Pension Fund, formally the National Roofing Industry Pension Fund (NRIPF), was established in 1966 through collective bargaining agreements led by the United Union of Roofers, Waterproofers & Allied Workers. Chairman Kinsey Robinson, a former International President of the union, now oversees both the main pension plan and the supplemental plan from the fund's base in Oak Brook, Minnesota. The fund's investment posture is anchored in multi-employer real estate and fixed-income strategies tied to union construction mandates. Its primary deployment channels appear to be structured vehicles within the AFL-CIO ecosystem — with confirmed allocations to the AFL-CIO Housing Investment Trust (HIT), which finances multi-family residential projects, and the AFL-CIO Building Investment Trust (BIT), which targets commercial and mixed-use developments. The fund operates alongside the separate National Roofing Industry Supplemental Pension Plan, which is administered from Bloomington, Minnesota, but shares the same union-originated board governance. The fund's governance falls under the United Union of Roofers, whose current International President, James A. Hadel, also serves as a plan trustee. The parent union's affiliation with the North American Building Trades Unions (NABTU) ties the pension's capital-deployment logic to broad labor-backed construction initiatives. The fund is also a member of the Multi-employer Pension Plans Coalition, a policy group of over 60 employer associations and unions. No recent operational event from the last 24 months was publicly disclosed. The fund's structural differentiator is the direct line from collective bargaining contributions to a highly union-concentrated allocator model — it deploys exclusively into vehicles that require or favor union labor, making it a captive source of patient, mission-aligned capital for construction-related investments rather than a market-driven allocator with broad discretion.