Pension Fund

Updated:

USG Corporation Pension Fund

The USG Corporation Retirement Plan was established in 1950 to deliver guaranteed retirement income to eligible employees of USG Corporation.

USG Corporation Pension Fund logo

USG Corporation Pension Fund

The USG Corporation Retirement Plan was established in 1950 to deliver guaranteed retirement income to eligible employees of USG Corporation. The plan is funded by the USG Corporation Retirement Plan Trust and sponsored by the building-products company now owned by Knauf. The plan maintains a diversified portfolio that includes equity index funds, bond funds, international equity, and alternative strategies. Confirmed holdings include limited partner positions in Canaan Resources, Long Wharf Capital, Astatine Investment Partners, and Macquarie Asset Management. Geographic exposure centers on the United States with additional infrastructure commitments on a global basis. Assets are custodied at The Northern Trust Company. CAPTRUST serves as investment advisor since 2024 and Evercore Trust Company has acted as investment manager since 2010. The plan also maintains a corporate foundation, USG Foundation Inc., established in 1978. Governance rests with the Pension Administration Committee chaired by Evgeni Ganchev, an Assistant Treasurer at USG Corporation. This structure separates plan administration from the sponsor's operating business while retaining direct oversight by internal treasury staff.

General information

Firm type

Pension Fund

Year founded

1958

Location

Region

North America

Country

United States

City

Chicago

Corporate office

550 West Adams Street, Chicago, Illinois, United States

Principals

Evgeni Ganchev

Chair of the Pension Administration Committee

Sector focus

DiversifiedInfrastructureReal Estate

Frequently asked questions

Who runs investment decisions at USG Corporation Pension Fund?

Evgeni Ganchev serves as Chair of the Pension Administration Committee. The committee oversees the plan with support from external advisors including CAPTRUST and Evercore Trust Company.

Does USG Corporation Pension Fund participate in fund commitments or only direct deals?

The plan participates as a limited partner in funds and holding companies. Positions include Canaan Resources, Long Wharf Capital, Astatine Investment Partners, and Macquarie Asset Management.

Where does the underlying wealth come from?

The plan is sponsored by USG Corporation, a building-products manufacturer acquired by Knauf in 2019. Contributions come from the corporate sponsor to meet defined-benefit obligations.

What asset classes does the plan hold?

Holdings include public equities via Vanguard and Dodge & Cox funds, fixed income via PIMCO, international equity via Templeton, and alternatives in infrastructure, real estate, and natural resources.

How is the plan related to USG Corporation?

USG Corporation sponsors the Retirement Plan and funds it through the Retirement Plan Trust. Knauf owns USG Corporation following the 2019 acquisition.

Profile maintained by 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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