# UPS SCS, Inc. Employees' Pension Plan

UPS SCS, Inc. Employees' Pension Plan is a Pension Fund based in Mississauga, Canada.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Mississauga, Canada
- **Region:** North America
- **Address:** 1930 DERRY RD E, Mississauga, Ontario, Canada
- **Founded:** 1973
- **Assets under management:** 2072 (Altss estimate)
- **Website:** www.ups.com

## Regulatory record

- **Reports private funds:** No

## About

The UPS SCS, Inc. Employees' Pension Plan was established in 1973 as a private-sector pension fund. It provides benefits to employees of United Parcel Service and its subsidiaries. The plan maintains allocations to private equity and real estate. Confirmed holdings include commitments to HarbourVest Partners, LaSalle Investment Management, GI Partners, CBRE Investment Management and Crow Holdings Capital. It also holds a 7.9 percent stake in TPG RE Finance Trust. Geographic exposure spans the United States and global markets. Assets total $2.072 billion. The plan participates in the iREOC and PREA networks. No recent operational events from the last 24 months appear in available records. The plan operates through the UPS Group Trust, which structures commitments to external managers and direct positions.

## Sectors

- Private Equity
- Real Estate

## People

- Ernie Caballero — Chief Investment Officer
- Judy McMahan — Portfolio Manager, Real Assets
- Robert Thompson — Senior Portfolio Manager, Credit
- Greg Spick — Portfolio Manager, Real Assets
- Brian Burger — Portfolio Manager, Private Equity

## Questions

### Who runs investment decisions at UPS SCS, Inc. Employees' Pension Plan?

Ernie Caballero serves as Chief Investment Officer. Portfolio managers include Judy McMahan for real assets, Robert Thompson for credit, Greg Spick for real assets, and Brian Burger for private equity.

### Does the plan participate in fund commitments or only direct deals?

The plan commits to external managers including HarbourVest Partners, Partners Group, and LaSalle Investment Management. It also maintains direct positions such as the stake in TPG RE Finance Trust.

### What asset classes receive allocations?

Allocations include private equity at roughly 9.89 percent and real estate secondaries. Additional exposure exists in credit strategies and public equities across multiple markets.

### Where does the plan maintain geographic exposure?

The plan invests in the United States and global markets. Holdings include U.S. real estate vehicles and international public positions in Italy, India, and Turkey.

### Which service providers support the plan?

Goldman Sachs acts as investment manager. BNY Mellon serves as custodian. Deloitte provides audit services. Alight Solutions handles recordkeeping. Proskauer Rose LLP provides legal counsel.

## Related profiles

- [Middlesex County Retirement System](https://altss.com/profile/middlesex-county-retirement-system)
- [Maslow Wealth Advisors](https://altss.com/profile/maslow-wealth-advisors)

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

Canonical page: https://altss.com/profile/ups-scs-inc-employees-pension-plan

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology