SEIU Local No. 4 Pension Fund

SEIU Local No. 4 Pension Fund

The fund serves the members of SEIU Local 4, the Chicago branch of the Service Employees International Union. It operates as one of several SEIU Benefit Funds, a collective of eight plans overseen by boards of trustees comprising both union and employer representatives. The pension fund’s mandate is narrow and fiduciary: to deliver secure retirement benefits to participants while keeping plan assets committed exclusively for their benefit. Deployment leans into real assets and private-market exposures. The fund holds an interest in the AFL-CIO Building Investment Trust, a vehicle that pools union pension capital to develop and operate commercial properties, with one tagged holding in Dublin, California — the Dublin Corporate Center. It also pursues direct co-investments, buyouts, and a broad venture program spanning seed, early-stage, and growth. The fund’s claim record includes Pinnacle Health Care of Berwyn LLC, a post-acute care facility in suburban Chicago, signalling a willingness to anchor single-asset health-care real estate deals when they align with member interests. Scale and team numbers are not publicly disclosed. The fund’s governance sits within the trustees of SEIU Benefit Funds, which manage multiple plans for SEIU affiliates across the United States and Canada. No recent operational event was identified from public sources. Structurally, the fund’s edge lies in its dual identity: it is a traditional pension investor operating inside a union ecosystem that generates proprietary deal flow through labor-affiliated investment vehicles. That arrangement gives the fund access to the AFL-CIO Building Investment Trust, a closed loop that most non-union pensions cannot enter, and it channels capital into real assets where the union’s own membership can sometimes influence project labor agreements.