# US Army NAF Retirement Plan

US Army NAF Retirement Plan is a Pension Fund based in Houston, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Houston, United States
- **Region:** North America
- **Address:** 2455 Reynolds Road, JB San Antonio Fort Sam Houston, TX 78234-7588
- **Founded:** 1966
- **Assets under management:** 2342 (Altss estimate)
- **Website:** armymwr.com

## Regulatory record

- **Reports private funds:** No

## About

The US Army NAF Retirement Plan was established in 1966 as a single-employer defined benefit plan. Trustees are appointed by the Commander of U.S. Army Installation Management Command. The plan maintains a diversified portfolio that includes domestic and international equities, fixed income, and private equity. Confirmed holdings include positions in Baillie Gifford funds, Artisan Partners strategies, real estate vehicles such as RREEF America REIT II and UBS RESA. Geographic exposure centers on the United States with additional allocations to international markets. Assets total $2.3 billion. The plan uses multiple investment advisors including Baillie Gifford, Artisan Partners, and State Street Global Advisors. No additional offices are recorded. The plan operates under ethical investment restrictions tied to US government divestment mandates regarding companies in state sponsors of terrorism.

## Sectors

- Diversified

## People

- Anita Jannsen — Chief, NAF Personnel Services Division and Plan Administrator

## Questions

### Who runs investment decisions at US Army NAF Retirement Plan?

Anita Jannsen serves as Chief of the NAF Personnel Services Division and Plan Administrator. Trustees are appointed by the Commander of U.S. Army Installation Management Command.

### What asset classes does the plan allocate to?

The plan allocates to public equities, private equity at 14.22 percent, and real estate. Holdings include Baillie Gifford funds and multiple real estate vehicles managed by UBS, Angelo Gordon, and Blackstone.

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

The plan participates through fund commitments and limited partner positions in vehicles such as Adams Street Partners and Blackstone Hedge.

### What investment restrictions apply to the plan?

The plan is subject to divestment mandates and ethical investment restrictions concerning companies operating in state sponsors of terrorism.

### Which service providers support the plan?

Investment advisors include Baillie Gifford, Artisan Partners, and State Street Global Advisors. Actuarial services are provided by Milliman and Cheiron. Legal counsel includes Vedder Price and Greenberg Traurig.

## Related profiles

- [Dow Pensioenfonds](https://altss.com/profile/dow-pensioenfonds)
- [MRC Pension Scheme](https://altss.com/profile/mrc-pension-scheme)

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

Canonical page: https://altss.com/profile/us-army-naf-retirement-plan

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