Updated:
United Food and Commercial Workers Consolidated Pension Fund
The fund was established in 1968. It covers employees from 23 UFCW local unions. Kroger serves as the primary contributing employer. The fund allocates 9.5...
United Food and Commercial Workers Consolidated Pension Fund
The fund was established in 1968. It covers employees from 23 UFCW local unions. Kroger serves as the primary contributing employer. The fund allocates 9.5 percent to private equity. Holdings include commitments to Great Hill Partners, Summit Partners, Centerbridge Partners, Thoma Bravo and Blackstone. Real estate exposure runs 4 to 5 percent through direct holdings and funds such as ASB Meridian Real Estate Fund II and Ullico Infrastructure Fund. A separate diversified alternatives sleeve accounts for 59 to 68 percent of assets. The fund maintains relationships with NEPC as investment consultant since 2016 and BNY Mellon as custodian. It participates in the National Association of Investment Companies. Governance rests with a board of trustees drawn from participating locals and employer representatives.
General information
Firm type
Pension Fund
Year founded
1968
Location
Region
North America
Country
United States
City
Atlanta
Corporate office
1740 Phoenix Parkway, Atlanta, Georgia, United States
Principals
Lonnie Sheppard
Chairman of the Board of Trustees
Sector focus
Frequently asked questions
Who runs investment decisions at the fund?
The board of trustees holds fiduciary responsibility. Lonnie Sheppard serves as chairman.
Does the fund participate in fund commitments or only direct deals?
The fund commits to external private equity and real estate funds. It also holds some direct real estate assets.
What asset classes receive allocations?
Private equity receives 9.5 percent. Real estate receives 4 to 5 percent. The balance includes fixed income, equities and alternatives.
Where does the underlying wealth come from?
Contributions come from UFCW union members employed primarily at Kroger and other grocery operators.
How is the fund related to UFCW locals?
It covers 23 locals across 17 states and is administered by UFCW Unions and Employers Benefits Administration, LLC.
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.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: