# Southeastern Pennsylvania Transportation Authority

Southeastern Pennsylvania Transportation Authority is a Pension Fund based in Philadelphia, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Philadelphia, United States
- **Region:** North America
- **Address:** 1234 Market Street, Philadelphia, PA 19107
- **Founded:** 1964
- **Assets under management:** 1794 (Altss estimate)
- **Website:** septa.org
- **LinkedIn:** https://www.linkedin.com/company/septa

## Regulatory record

- **Reports private funds:** No

## About

The Southeastern Pennsylvania Transportation Authority was established in 1964 to consolidate regional transit operations. Its pension fund invests across multiple asset classes to meet retirement obligations for approximately 9,500 employees. The fund maintains allocations to private equity, infrastructure and timber. Confirmed holdings include AMP Capital Infrastructure Fund. Geographic exposure spans the United States and selected international markets through fund vehicles. The authority also holds direct real estate assets including headquarters at 1234 Market Street and multiple station-adjacent developments. The pension reports 9,500 total authority employees. Additional offices are not disclosed. The fund participates in the American Public Transportation Association and the Pennsylvania Association of Public Employee Retirement Systems. In December 2024 the SEPTA Board approved the annual budget and capital projects. The pension operates as a public employee retirement plan with oversight from an appointed board and dedicated investment committee. Capital is deployed exclusively through external managers rather than direct deal execution.

## Sectors

- Infrastructure
- Private Equity
- Timber

## People

- Kenneth E. Lawrence Jr. — Chairman of the Board
- Tom McFadden — Chief Financial Officer
- Kevin L. Johnson — Board Member

## Questions

### Who runs investment decisions at Southeastern Pennsylvania Transportation Authority?

Tom McFadden serves as Chief Financial Officer and oversees pension fund management. Kevin L. Johnson heads the Board Investment Committee.

### Does Southeastern Pennsylvania Transportation Authority participate in fund commitments or only direct deals?

The pension invests through limited partnerships in private equity, infrastructure and timber funds. No direct deal program is disclosed.

### What is Southeastern Pennsylvania Transportation Authority's known posture on co-investments alongside external GPs?

The pension holds limited partner positions in multiple funds and does not disclose separate co-investment activity.

## Related profiles

- [Private Infrastructure Development Group](https://altss.com/profile/private-infrastructure-development-group)
- [County of San Luis Obispo](https://altss.com/profile/county-of-san-luis-obispo)

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

Canonical page: https://altss.com/profile/southeastern-pennsylvania-transportation-authority

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