# Soft Drink and Brewery Workers Union Local 812 Retirement Fund

Soft Drink and Brewery Workers Union Local 812 Retirement Fund is a Pension Fund based in Great Neck, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Great Neck, United States
- **Region:** North America
- **Address:** 445 Northern Blvd., Ste 30, Great Neck, NY 11021, United States
- **Founded:** 1957
- **Assets under management:** 877 (Altss estimate)
- **Website:** teamsterslocal812.com

## Regulatory record

- **Reports private funds:** No

## About

The Soft Drink and Brewery Workers Union Local 812 Retirement Fund was established in 1957. Joseph Vitta serves as chairman. The fund operates as a multi-employer defined benefit plan that delivers retirement income to covered union members. The fund targets a diversified mix that includes 25 percent domestic equity, 15 percent international equity, 10 percent fixed income and smaller sleeves in private equity and alternatives. Confirmed positions include a global asset allocation portfolio and a risk parity sleeve. Geographic exposure spans the United States and international equity markets. The fund also holds the Local 812 Headquarters property in Great Neck. Assets total $877 million. The fund maintains relationships with Segal Marco Advisors as investment consultant and Cohen, Weiss and Simon LLP as legal counsel. It participates in Teamsters Joint Council 16 and the National Coordinating Committee for Multiemployer Plans. September 2024: Sponsored the Health & Benefits Expo in New York. The fund is governed by a board of trustees drawn from union leadership and contributing employers, creating a direct link between plan administration and the collective bargaining parties that fund it.

## Sectors

- Diversified

## People

- Joseph Vitta — Chairman of the Pension Fund

## Questions

### Who runs investment decisions at the Soft Drink and Brewery Workers Union Local 812 Retirement Fund?

Joseph Vitta serves as chairman of the pension fund. The board of trustees holds final authority over asset allocation and manager selection.

### What asset classes does the fund use?

Target allocations include 25 percent domestic equity, 15 percent international equity, 10 percent fixed income and additional exposure to private equity and alternatives.

### Does the fund participate in private equity?

Yes. The fund maintains a private equity allocation currently reported at 0.6 percent of assets.

### Where does the fund source its capital?

Contributions come from employers under collective bargaining agreements with Teamsters Local 812, including Coca-Cola, PepsiCo and Manhattan Beer Distributors.

### What governance priorities does the fund emphasize?

The fund prioritizes corporate governance, executive compensation reform and social responsibility, particularly in pharmaceutical and industrial holdings.

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- [Blue Earth Capital](https://altss.com/profile/blue-earth-capital)
- [Hydralis](https://altss.com/profile/hydralis)

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

Canonical page: https://altss.com/profile/soft-drink-and-brewery-workers-union-local-812-retirement-fund

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