# Southern California IBEW-NECA Pension Trust Fund

Southern California IBEW-NECA Pension Trust Fund is a Pension Fund based in Pasadena, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Pasadena, United States
- **Region:** North America
- **Address:** Pasadena, CA, United States
- **Founded:** 1964
- **Assets under management:** Undisclosed
- **Website:** scibew-neca.org
- **LinkedIn:** linkedin.com/company/southern-california-ibew-neca

## Regulatory record

- **Reports private funds:** No

## About

The Southern California IBEW-NECA Pension Trust Fund is a defined benefit pension plan governed by the International Brotherhood of Electrical Workers (IBEW) and the National Electrical Contractors Association (NECA). It serves union members in Southern California.

## Sectors

- Secondaries & Special Situations
- Infrastructure
- Real Estate
- Private Credit

## Questions

### What is the Southern California IBEW-NECA Pension Trust Fund's primary investment approach?

The fund runs a diversified institutional portfolio across public equity, fixed income, infrastructure, real estate, and global tactical asset allocation. Its most distinctive feature is a heavy reliance on private-market secondary transactions to manage legacy fund commitments, adjust vintage-year exposure, and maintain liquidity. Direct deals and single-asset continuation vehicles are not part of the model.

### Which union locals participate in this pension trust?

The plan is primarily sponsored by IBEW Local 11 in Los Angeles and the NECA Los Angeles Chapter, with additional participating locals including IBEW Local 440 (Riverside), Local 441 (Santa Ana), and Local 477 (San Bernardino). Collectively, these represent electricians across the greater Southern California construction market.

### What role do secondary transactions play in the fund's portfolio?

Secondaries are the fund's most heavily emphasized strategy, used to acquire seasoned LP interests from sellers seeking liquidity. This positions the trust as a price-setter in mid-market secondary auctions, allowing it to rebalance across vintages and reduce the J-curve effect that complicates primary fund commitments for a plan paying monthly benefits.

## Related profiles

- [Southern California Gunite Workers Pension Fund](https://altss.com/profile/southern-california-gunite-workers-pension-fund)
- [Southern California Pipe Trades Retirement Fund](https://altss.com/profile/southern-california-pipe-trades-retirement-fund)

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

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