# SMART Sheet Metal Workers' Local #10

SMART Sheet Metal Workers' Local #10 is a Pension Fund based in Maplewood, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Maplewood, United States
- **Region:** North America
- **Address:** 1681 East Cope Avenue Suite A, Maplewood, MN 55109, United States
- **Founded:** 1973
- **Assets under management:** 513 (Altss estimate)
- **Website:** smw10.org

## Regulatory record

- **Reports private funds:** No

## About

The Sheet Metal Local 10 Supplemental Retirement Fund was established in 1973 to serve members of the sponsoring union. It operates as a multiemployer defined contribution plan governed by a board of trustees drawn from labor and employer representatives. The fund targets a diversified allocation that includes 50 percent equities, 25 percent bonds, 10 percent absolute return, 10 percent real estate and 5 percent real return strategies. Confirmed holdings include limited partnership interests in Tricon Residential and Bain Capital Credit. Geographic exposure centers on the United States with additional positions in Canada. The fund reported $513 million in assets. It maintains two owned facilities in the Maplewood and White Bear Lake area of Minnesota. June 2024: The related union attended Trades Night at Target Field as part of member programming. Governance ties the fund directly to Sheet Metal Workers Local 10 through trustee appointments and collective bargaining agreements that determine employer contributions.

## Sectors

- Diversified

## People

- Michael Mitchell — Chairman of the Board of Trustees
- James Bigham — Secretary of the Board of Trustees
- Matthew Fairbanks — President/Business Manager and Trustee

## Questions

### Who runs investment decisions at SMART Sheet Metal Workers' Local #10?

A board of trustees including Chairman Michael Mitchell, Secretary James Bigham and labor representative Matthew Fairbanks oversees the fund. Day-to-day administration is handled by Wilson-McShane Corporation.

### Does SMART Sheet Metal Workers' Local #10 participate in fund commitments or only direct deals?

The fund commits to external vehicles including limited partnerships with Crescent Capital Group, Bain Capital Credit and Lexington Partners.

### What asset classes does SMART Sheet Metal Workers' Local #10 hold?

Holdings include public equities, bonds, real estate through the SMW 10 Core Fund, common and collective trusts, pooled separate accounts and partnership interests.

### How is SMART Sheet Metal Workers' Local #10 related to its parent union?

Sheet Metal Workers Local 10 sponsors and governs the fund. The local maintains affiliation with the international SMART union and the AFL-CIO.

## Related profiles

- [Alvoso Pensionskasse](https://altss.com/profile/alvoso-pensionskasse)
- [The George Gund Foundation](https://altss.com/profile/the-george-gund-foundation)

---

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

Canonical page: https://altss.com/profile/smart-sheet-metal-workers-local-10

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