# Teamster Affiliates Pension Plan

Teamster Affiliates Pension Plan is a Pension Fund based in Washington, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Washington, United States
- **Region:** North America
- **Address:** 2323 Eastlake Avenue East, Washington, WA, United States
- **Founded:** 1955
- **Assets under management:** 811 (Altss estimate)
- **Website:** teamster.org
- **LinkedIn:** https://www.linkedin.com/company/international-brotherhood-of-teamsters

## Regulatory record

- **Reports private funds:** No

## About

The Teamster Affiliates Pension Plan was founded in 1955 under the sponsorship of the International Brotherhood of Teamsters. It functions as a multiemployer pension vehicle serving union members in specific manufacturing and media-related trades. The plan deploys capital across private equity, real estate, and public equities. Current allocations include a 9.62 percent position in private equity. Confirmed holdings encompass limited partnership interests in Blackstone. Geographic exposure centers on the United States, with direct real estate assets located in Washington, DC, and loans secured by properties across multiple states. Net assets stood at $266.6 million at the end of 2020. The plan owns the Teamsters National Headquarters Building through a dedicated corporation and maintains service relationships with Segal Company for actuarial work and Grant Thornton for auditing. Sean M. O'Brien holds the trustee role alongside his position as General President of the IBT. Governance ties directly to the International Brotherhood of Teamsters, which appoints trustees and sets the plan's operational mandate. This structure separates investment decisions from the union's core labor activities while retaining oversight within the same organization.

## Sectors

- Diversified
- Business Support Services
- Manufacturing

## People

- Sean M. O'Brien — General President and Trustee

## Questions

### Who runs investment decisions at Teamster Affiliates Pension Plan?

Sean M. O'Brien serves as General President of the IBT and trustee of the plan. The plan also lists former IBT leaders James P. Hoffa and Ken Hall as prior trustees.

### Does Teamster Affiliates Pension Plan participate in fund commitments or only direct deals?

The plan holds limited partnership interests in Blackstone and White Oak Global Advisors. It also maintains direct ownership of real estate assets including the Teamsters National Headquarters Building.

### How is Teamster Affiliates Pension Plan related to the International Brotherhood of Teamsters?

The IBT sponsors and controls the plan. Trustees are drawn from IBT leadership, and the plan's operations are housed in the union's headquarters building.

### What asset classes does Teamster Affiliates Pension Plan currently hold?

Holdings include private equity commitments, direct real estate, loans secured by real estate, and legacy public equity positions in companies such as Abercrombie & Fitch and Delta Air Lines.

## Related profiles

- [Felicitas Global Partners](https://altss.com/profile/felicitas-global-partners)
- [Chapman University Endowment](https://altss.com/profile/chapman-university-endowment)

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

Canonical page: https://altss.com/profile/teamster-affiliates-pension-plan

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