# Warehouse Pension Fund

Warehouse Pension Fund is a Pension Fund based in Los Angeles, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

The Employers' - Warehousemen's Pension Trust Fund operates as a multiemployer defined-benefit plan based in Los Angeles, covering unionized workers tied to ILWU Local 26. Luisa Gratz serves as chair of the trustees alongside her role as president of Local 26, while Moises Figueroa acts as board secretary and Hector Aguilar and Gene Hulsey sit as trustees. Lorena Gonzalez oversees day-to-day administration as plan manager. The fund's investment portfolio reflects the constraints of a distressed pension plan. Public records confirm a commercial real estate allocation held through a separately managed account with RREEF, the real estate investment arm of DWS Group, spanning multiple unspecified properties. A cash position is maintained through Comerica Bank in the United States. No direct co-investment or fund-of-funds programs have been publicly documented. Geographic exposure appears concentrated domestically, consistent with a single-location plan covering local union membership. While total AUM remains undisclosed in any public filing or regulatory release, the narrow asset footprint and critical-status designation together imply a relatively modest capital base. No adjacent philanthropic foundation, alternative investment vehicle, or operating company is linked to the trust. The board structure follows the standard multiemployer Taft-Hartley model, with trustees drawn jointly from union leadership and participating employers. The fund has not announced any manager hires, allocation changes, or restructuring initiatives in the past two years. The structural differentiator is not investment strategy but governance under distress. As a multiemployer plan certified in critical and declining status, the fund operates under heightened Department of Labor oversight and must file annual rehabilitation plans. This status circumscribes the board's investment discretion — risk-taking capacity is functionally capped by the shortfall between assets and vested liabilities. For institutional observers, the fund is less an allocator and more a case study in the financial fragility of legacy multiemployer plans serving declining unionized industries.

## Sectors

- Real Estate

## People

- Luisa Gratz — Chairperson of the Board of Trustees, President of ILWU Local 26
- Moises Figueroa — Secretary of the Board of Trustees
- Hector Aguilar — Member of the Board of Trustees
- Gene Hulsey — Member of the Board of Trustees
- Lorena Gonzalez — Plan Manager

## Questions

### Who makes investment decisions for the Warehouse Pension Fund?

Investment oversight rests with the board of trustees, chaired by Luisa Gratz, who also serves as president of ILWU Local 26. The board includes union and employer representatives under the multiemployer Taft-Hartley model. Day-to-day administration is managed by Lorena Gonzalez. No chief investment officer or external investment consultant has been publicly identified.

### What does the fund invest in?

The known portfolio includes a commercial real estate allocation held through an RREEF-managed vehicle and a cash account with Comerica Bank. RREEF, the real estate investment business of DWS Group, manages the property portfolio across multiple unspecified assets. No allocations to private equity, venture capital, hedge funds, private credit, or direct co-investments have been publicly disclosed.

### What does 'critical and declining status' mean for this pension plan?

Under the Multiemployer Pension Reform Act of 2014, a 'critical and declining' designation means the plan is projected to become insolvent within the current or following plan year. The Warehouse Pension Fund has been certified in this status for four consecutive years, triggering requirements for a rehabilitation plan and heightened reporting to the Department of Labor. This status reflects a structural gap between assets and vested benefit obligations.

### Which union is covered by this pension plan?

The plan covers members of ILWU Local 26, the International Longshore and Warehouse Union chapter representing warehousemen in the Southern California region. The union's president, Luisa Gratz, chairs the pension fund's board of trustees.

## Related profiles

- [Warehouse Employees Union Local No. 730 Pension Trust Fund](https://altss.com/profile/warehouse-employees-union-local-no-730-pension-trust-fund)
- [Wargaming](https://altss.com/profile/wargaming)

---

Source record modified: 2026-08-11T02:43:31.692Z

Last verified: not supplied by this public snapshot.

## Sources and provenance

Source links do not imply that every field was verified on the page modification date. See [Altss methodology](https://altss.com/methodology).

Canonical page: https://altss.com/profile/warehouse-pension-fund

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