# SDC-League Pension Plan

SDC-League Pension Plan is a Pension Fund based in New York, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Assets under management:** $55M (Altss estimate)

## Regulatory record

- **Reports private funds:** No

## About

The SDC-League Pension Plan operates as a Taft-Hartley multiemployer pension fund, co-sponsored by the Stage Directors and Choreographers Society (SDC) and The Broadway League. Established through collective bargaining, the plan covers professional stage directors and choreographers working under Broadway and touring production contracts. Union Trustee Laura Penn, Executive Director of SDC, and Employer Trustee Christopher Brockmeyer, Director of Employee Benefit Funds at The Broadway League, share fiduciary responsibility for the plan's investment and administrative oversight. The plan's investment strategy concentrates on buyout-oriented private market exposure. While a modest plan by institutional standards — Altss estimates roughly $55 million in assets — its allocation is heavily weighted toward private equity buyout funds rather than public equities or fixed income. No recent operational or investment events were identifiable from available public records. Employee benefit plans of this scale typically operate with lean governance structures, relying on investment consultants and fund-of-funds relationships to access buyout managers. The plan's linkage to The Broadway League provides a distinctive, if narrow, origination lens — access to a network of theater owners, producers, and industry executives concentrated in New York's theater district. Its structural differentiator is the unusual intersection of constituency and concentration. Few institutional investors are anchored so completely to a single creative profession's retirement pool while simultaneously running a buyout-heavy allocation. The plan's governance, split between union and employer trustees, creates a built-in alignment mechanism that many single-family offices and endowments do not replicate — investment decisions must satisfy fiduciaries on both sides of the collective bargaining table.

## Sectors

- Entertainment & Media

## People

- Laura Penn — Union Trustee
- Christopher Brockmeyer — Employer Trustee

## Questions

### Who runs investment decisions at the SDC-League Pension Plan?

The plan is governed by a joint board of trustees representing both labor and management. Union Trustee Laura Penn serves as Executive Director of the Stage Directors and Choreographers Society (SDC). Employer Trustee Christopher Brockmeyer serves as Director of Employee Benefit Funds at The Broadway League. Together they hold fiduciary responsibility for asset allocation, manager selection, and overall investment policy.

### Is the SDC-League Pension Plan a single-employer or multiemployer plan?

It is a Taft-Hartley multiemployer pension plan. Multiple Broadway and touring employers contribute under collective bargaining agreements negotiated between SDC and The Broadway League. This structure pools contributions from many productions into one fund, ensuring portability of benefits for stage directors and choreographers who work across different shows.

### How large is the SDC-League Pension Plan?

The plan has not publicly disclosed its assets under management. Altss estimates roughly $55 million based on available regulatory filings and industry benchmarking, making it one of the smaller multiemployer pension funds nationally. Its investment program accordingly operates without a large internal staff.

### Who are the participating employers in the SDC-League Pension Plan?

Broadway producers and touring theatrical companies that are signatories to collective bargaining agreements with SDC and The Broadway League contribute to the plan. The Broadway League serves as the multiemployer bargaining representative, covering League-member producers as well as other employers who adopt the agreement.

## Related profiles

- [Montague Retirement Board](https://altss.com/profile/montague-retirement-board)
- [Communities of Coastal Georgia Foundation](https://altss.com/profile/communities-of-coastal-georgia-foundation)

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Source record modified: 2026-08-11T02:43:31.692Z

Last verified: not supplied by this public snapshot.

## Sources and provenance

Source links do not imply that every field was verified on the page modification date. See [Altss methodology](https://altss.com/methodology).

Canonical page: https://altss.com/profile/sdc-league-pension-plan

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