Twin Cities Retirement Group

TCRG is a multi-employer pension plan registered under ERISA, governed by a joint board of employer and union trustees. It pools retirement contributions from multiple employers in the Twin Cities region.

TCRG contracts external asset managers and investment consultants, rather than managing assets directly. The fund's board of trustees oversees the strategic asset allocation and manager selection.

TCRG primarily invests through external fund vehicles, such as commingled pension funds managed by firms like BlackRock and Voya. Direct investments are not typical for multi-employer plans of this scale.

As a pension plan, TCRG invests with a long-term horizon aligned to its benefit payment obligations. Its allocation to illiquid assets such as private equity and real assets indicates a 10+ year outlook.

TCRG does not maintain proprietary deal flow, as it invests almost exclusively through external fund managers and multi-manager platforms. Its competitive advantage is in manager selection, not direct sourcing.