# Segal

Segal is a Pension Fund based in New York, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** 333 West 34th Street, New York, NY 10001, United States
- **Founded:** 1957
- **Assets under management:** 396 (Altss estimate)
- **Website:** www.segalco.com
- **LinkedIn:** https://www.linkedin.com/company/segal-iran

## About

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.

## Sectors

- Diversified

## Offices

- Chicago, IL, United States
- Washington, D.C., United States

## People

- David Blumenstein — Chair of the Board
- Martin E. Segal — Founder
- Joseph A. LoCicero — Chairman
- Howard Fluhr — Chairman Emeritus

## 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.

### 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.

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

Canonical page: https://altss.com/profile/segal

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