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Segal
The Segal pension plan was created in 1957 to serve employees of The Segal Group, the benefits consulting firm Martin E. Segal started in 1939.
Segal
The Segal pension plan was created in 1957 to serve employees of The Segal Group, the benefits consulting firm Martin E. Segal started in 1939. David Blumenstein now serves as chair after earlier roles as president and CEO. The structure remains a single noncontributory defined benefit plan. The plan allocates 3.79 percent of assets to private equity strategies that include buyout, distressed debt, and venture exposure. Public holdings run through Segal Marco Advisors include positions in SPDR S&P 500 ETF Trust, iShares Core S&P 500 ETF, Microsoft, Apple, and NVIDIA. Geographic reach centers on the United States with offices supporting plan administration in New York, Chicago, and Washington, D.C. The Segal Group employs 1,100 people and operates subsidiaries including Segal Marco Advisors and Segal Benz. The pension plan participates in industry groups such as NIRS and IFEBP. No operational events specific to the plan have been recorded in the last 24 months. Governance ties the plan directly to The Segal Group board rather than external trustees, with investment decisions executed through the firm's captive advisor.
General information
Firm type
Pension Fund
Year founded
1957
Location
Region
North America
Country
United States
City
New York
Corporate office
333 West 34th Street, New York, NY 10001, United States
Additional offices
Chicago, IL, United States · Washington, D.C., United States
Principals
David Blumenstein
Chair of the Board
Martin E. Segal
Founder
Joseph A. LoCicero
Chairman
Howard Fluhr
Chairman Emeritus
Sector focus
Frequently asked questions
Who runs investment decisions at Segal?
David Blumenstein chairs the board and oversees the plan. Segal Marco Advisors executes day-to-day portfolio management under a mandate that includes both public index funds and private equity commitments.
Does Segal participate in fund commitments or only direct deals?
The plan commits to private equity funds and maintains a 3.79 percent allocation to the asset class. No direct co-investments or SPVs are disclosed in available records.
Where does the underlying wealth come from?
The plan is funded by The Segal Group, an employee-owned benefits consulting firm established in 1939. Contributions support a noncontributory defined benefit structure for eligible employees.
What investment stages does Segal typically target?
Private equity exposure spans buyout, distressed debt, early-stage venture, and special situations. Public equity holdings focus on large-cap index vehicles.
How is Segal related to The Segal Group?
The pension plan exists solely to provide benefits to employees of The Segal Group and its subsidiaries. Board leadership overlaps with the parent firm.
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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