# Teamsters Local 639

Teamsters Local 639 is a Pension Fund based in Washington, D.C., United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Washington, D.C., United States
- **Region:** North America
- **Address:** 3130 Ames Place, Northeast, Washington, D.C., United States
- **Founded:** 1956
- **Assets under management:** Undisclosed
- **Website:** www.teamsters639.com

## Regulatory record

- **Reports private funds:** No

## About

Teamsters Local 639-Employers Pension Trust Fund was established in 1956. It operates as a multiemployer defined-benefit plan that supplies retirement, disability and death benefits. BeneSys, Inc. serves as third-party administrator. The fund allocates to private equity and other alternatives. Confirmed commitments run through GCM Grosvenor Private Markets, Glouston Capital Partners, Hamilton Lane and Washington Capital Management. Geographic exposure centers on the United States with additional activity through national and regional labor networks. The plan reports net assets that include holdings in common and collective trusts valued near $509 million and partnership interests valued near $517 million. It maintains offices at 3130 Ames Place NE in Washington, D.C. and participates in events such as the 2024 Annual Benefit Golf Tournament. Governance ties the pension trust to the International Brotherhood of Teamsters and participating employers including UPS, Giant Food and WMATA. Investment decisions flow through named trustees and external advisors rather than an internal portfolio team.

## Sectors

- Private Equity

## People

- Thomas Ratliff — President
- Bill Davis — President and Principal Officer
- Scott Clark — Secretary-Treasurer

## Questions

### Who runs investment decisions at Teamsters Local 639?

Thomas Ratliff serves as president and union trustee. Bill Davis holds the role of president and principal officer. Scott Clark serves as secretary-treasurer. External advisors including Washington Capital Management handle day-to-day portfolio execution.

### Does Teamsters Local 639 participate in fund commitments or only direct deals?

The pension trust commits to private equity partnerships and commingled vehicles. Positions include commitments through GCM Grosvenor, Glouston Capital Partners and Hamilton Lane.

### How is Teamsters Local 639 related to the International Brotherhood of Teamsters?

Teamsters Local 639 operates as an affiliated local union. It maintains ties to the parent international organization and to regional bodies such as Teamsters Joint Council 62.

### What investment stages does Teamsters Local 639 target?

The fund pursues buyout, growth, secondaries and venture strategies through external partnerships. Allocation data shows a 13.87 percent weighting to private equity.

## Related profiles

- [Wright Capital Wealth Management](https://altss.com/profile/wright-capital-wealth-management)
- [Regions Financial Corporation Retirement Plan for Associates](https://altss.com/profile/regions-financial-corporation-retirement-plan-for-associates)

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

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