# USAA Pension Plan

USAA Pension Plan is a Pension Fund based in San Antonio, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** San Antonio, United States
- **Region:** North America
- **Address:** 9800 Fredericksburg Road D SVC E, San Antonio, TX 78288-4002, United States
- **Founded:** 1946
- **Assets under management:** Undisclosed
- **Website:** www.usaa.com
- **LinkedIn:** https://www.linkedin.com/company/usaa

## About

The USAA Pension Plan was established in 1946. It delivers retirement and death benefits to employees of USAA, the financial services firm founded in 1922 to serve military families. The plan holds commercial real estate assets including 1100 Peachtree Street in Atlanta and portfolios in Washington D.C., Houston, and Austin. It maintains commitments to Macquarie Asset Management for global infrastructure and to Hancock Timber Resource Group. Allocations also include private equity exposure through Cordova, Smart & Williams. Geographic reach covers the United States and select international infrastructure markets. USAA reports 37,000 employees. The plan uses Victory Capital Management, BlackRock, and LPL Financial as advisors. It participates in events such as the IMEA Distribution Intelligence Summit. The plan operates under ERISA rules as a corporate pension vehicle tied directly to USAA's employee base rather than as an independent allocator.

## Sectors

- Real Estate
- Infrastructure
- Private Equity
- Timber

## People

- Juan C. Andrade — President and CEO of USAA
- Brett Seybold — Executive Vice President and Chief Financial Officer

## Questions

### Who runs investment decisions at USAA Pension Plan?

Investment oversight sits with USAA leadership including President and CEO Juan C. Andrade and CFO Brett Seybold. External advisors including Victory Capital Management and BlackRock execute mandates.

### Does USAA Pension Plan participate in fund commitments or only direct deals?

The plan makes fund commitments to managers such as Macquarie Asset Management and Hancock Timber Resource Group. It also holds direct real estate assets through joint ventures and SPVs.

### Which asset classes does USAA Pension Plan allocate to?

Allocations include private equity at 16 percent, real estate, timberland, and infrastructure. Liquidity terms note that alternative investments sit in long-term illiquid structures.

## Related profiles

- [FundPartner AM](https://altss.com/profile/fundpartner-am)
- [Crankstart Foundation](https://altss.com/profile/crankstart-foundation)

---

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

Canonical page: https://altss.com/profile/usaa-pension-plan

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