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Union Bank Retirement Plan
The plan was created in 1944 as a noncontributory defined benefit vehicle. U.S. Bancorp serves as plan sponsor following its acquisition of MUFG Union Bank.
Union Bank Retirement Plan
The plan was created in 1944 as a noncontributory defined benefit vehicle. U.S. Bancorp serves as plan sponsor following its acquisition of MUFG Union Bank. Allocations include a 14.51 percent position in private equity. Real estate commitments cover Rockwood Capital Real Estate Funds (vintages 2013, 2008, 2006, 1990), Cornerstone Real Estate Advisers Fund (2012), and Deutsche Asset Management Real Estate Fund (2005). Geographic exposure centers on the United States with additional holdings in commercial property. The plan lists 19 enriched network items including five service providers and four relationships. U.S. Bank Institutional Trust and Custody acts as custodian and trustee. TCW handles class action claims administration. Governance flows through the corporate parent U.S. Bancorp, which sets the ESG policy applied to plan assets. No separate investment committee or external CIO is disclosed in available records.
General information
Firm type
Pension Fund
Year founded
1944
Location
Region
North America
Country
United States
City
Minneapolis
Corporate office
800 Nicollet Mall, Minneapolis, MN, United States
Sector focus
Frequently asked questions
Who sponsors the Union Bank Retirement Plan?
U.S. Bancorp serves as plan sponsor after acquiring MUFG Union Bank.
What asset classes receive allocations from the plan?
The plan holds a 14.51 percent allocation to private equity and multiple real estate fund commitments.
Which real estate managers does the plan use?
Commitments include Rockwood Capital, Cornerstone Real Estate Advisers, and Deutsche Asset Management.
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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