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ULLICO
Ullico is the only labor-owned insurance and investment company in the United States. For over 95 years it has been a champion for the American worker,...
ULLICO
Ullico is the only labor-owned insurance and investment company in the United States. For over 95 years it has been a champion for the American worker, offering insurance coverages designed to protect unions, their leaders and members, as well as multiemployer and public benefit funds. It also offers investment products and services specifically designed for union sponsored and public employee benefit plans, seeking risk-adjusted returns while promoting union job creation.
General information
Firm type
Asset Manager
Year founded
1927
Location
Region
North America
Country
United States
City
Silver Spring
Corporate office
Silver Spring, MD, United States
Principals
Matthew Woll
Co-founder, President of the Photo Engravers Union
George Perkins
Co-founder, President of the Cigar Makers Union
Samuel Gompers
Supporter, President of the American Federation of Labor
Sector focus
Frequently asked questions
Who runs investment decisions at ULLICO?
ULLICO's investment decisions are overseen by its management team, but the firm does not publicly disclose a named CIO or investment committee chair. The board of directors includes union representatives and shareholder-union leaders (per firm website).
How does ULLICO source proprietary deal flow?
ULLICO sources deals through its union network. J for Jobs originates commercial mortgages directly, and the infrastructure fund participates in public-private projects. The firm relies on relationships with local tradesmen and union pension fund trustees (per firm history page).
Does ULLICO participate in fund commitments or only direct deals?
ULLICO primarily makes direct investments through J for Jobs (commercial mortgages) and the Ullico Infrastructure Fund (infrastructure projects). It also offers insurance products directly to union entities.
What investment stages does ULLICO typically target?
ULLICO invests in stabilized commercial real estate debt and infrastructure projects at construction or development stage. J for Jobs focuses on permanent first mortgages, while the infrastructure fund targets large-scale construction projects.
Which sectors does ULLICO explicitly avoid?
ULLICO does not publicly disclose an explicit exclusion list, but its mandate restricts investments to projects that use union labor. This effectively excludes non-union commercial construction and sectors without union presence.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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