DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Taft-Hartley plan

American Federation of Musicians and Employers' Pension Fund and Subsidiary

Taft-Hartley planNEW York, NY
Assets
$3.2B
Total assets, Dec 31, 2024 reported
Funded
45.9%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
7
5 managers on Schedule C
Plan sponsor: Board of Trustees of the American Federation of Musicians and Employe
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 3.5%
  • Non-interest-bearing cash 0.0%
  • Corporate debt instruments (other) 8.3%
  • U.S. Government securities 9.0%
  • Other investments 0.1%
  • Partnership/joint venture interests 32.6%
  • Common/collective trusts 41.9%
  • Registered investment companies 1.6%
  • Common stock 1.1%
Consultants and advisers
11 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
7 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Pimco Multiemployer Plan Arpa/sfacollective trustGreat Gray Trust Company, LLCPooled vehicles$291M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ir+m Conservative Core Bondcollective trustIr+m Collective InvestmentFixed income$289M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Coll Doubleline Core Pls Fxd Inc Fdcollective trustReliance Trust CompanyPooled vehicles$268M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Silchester Int'l Value Equity Trust103 12 ieSilchester International InvestorPublic equity$59.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024TWO Sigma International Core Fund103 12 ieTWO Sigma Advisers, LPPooled vehicles$56.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Acadian Emerging Markets Equity Fd103 12 ieAcadian Asset ManagementPublic equity$33.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Commingled Pension Trust Fund (U.S.collective trustJpmorgan Chase Bank NaPooled vehicles$19.4M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$3.2B Dec 31, 2024 reported Form 5500
$1.8B (2023-12) · $1.7B (2022-12)
Plan assets
$1.7B Jan 1, 2024 reported Form 5500
$1.7B (2023-01) · $1.9B (2022-04)
Net assets
$3.1B Dec 31, 2024 reported Form 5500
$1.7B (2023-12) · $1.7B (2022-12)
Funded ratio
45.9% Jan 1, 2024 reported Form 5500
48.0% (2023-01) · 49.4% (2022-04)
Participants
51,986 Jan 1, 2024 reported Form 5500
51,361 (2023-01) · 49,180 (2022-04)
Contributions
$81.3M Dec 31, 2024 reported Form 5500
$79.9M (2023-12) · $58.8M (2022-12)
Benefits paid
$247M Dec 31, 2024 reported Form 5500
$238M (2023-12) · $174M (2022-12)
Net investment income
$1.5B Dec 31, 2024 reported Form 5500
$-5.5M (2023-12) · $-271M (2022-12)
Investment management fees
$11.9M Dec 31, 2024 reported Form 5500
$12.3M (2023-12) · $8.6M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202451,986n/an/an/a$3.2B$1.0Bn/an/a
2023 to Dec 31, 202351,361n/an/an/a$1.8B$1.4Bn/an/a
2022 to Dec 31, 202249,180n/an/an/a$1.7B$1.4Bn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
29 events
  • Dec 31, 2024Manager relationship started
    Wilshire Advisors LLC appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2024 vs 2023)
    with Wilshireaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    EPC Group no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as general consultant (plan year 2024 vs 2023)
    with EPC Groupaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Lyxor Asset Management S.A.S. no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2024 vs 2023)
    with Lyxor Asset Management S.A.S.askebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Independent Franchise Partners, LLP appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2024 vs 2023)
    with Independent Franchise Partners, LLPaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Consensus Techologies LLC no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as pension consultant (plan year 2024 vs 2023)
    with Consensus Techologies LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Eagle Capital Management, LLC no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2024 vs 2023)
    with Eagle Capital Management, LLCaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Nauticus Group Inc no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as general consultant (plan year 2024 vs 2023)
    with Nauticus Group Incaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Maples Fund Services (cayman) Lmtd no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2024 vs 2023)
    with Maples Fund Services (cayman) Lmtdaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Nasdaq Inc no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as general consultant (plan year 2024 vs 2023)
    with Nasdaq, Inc.askebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Charles-Lim Asia Global Limited appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2024 vs 2023)
    with Charles-Lim Asia Global Limitedaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Blakeman Crest Advisors, LLC appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as pension consultant (plan year 2024 vs 2023)
    with Blakeman Crest Advisors, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Parametric Portfolio Associates LLC no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2024 vs 2023)
    with Parametric Portfolio Associatesaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    TWO Sigma Advisers, LP appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2024 vs 2023)
    with TWO Sigma Advisers, LPaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    American Federation of Musicians and Employers' Pension Fund and Subsidiary total assets $1.8B -> $3.2B (+80.6%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    American Federation of Musicians and Employers' Pension Fund and Subsidiary funded ratio 48.0% -> 45.9% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Elliott International Limited no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2023 vs 2022)
    with Elliott International Limitedaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Buena Vista Fund Management, LLC no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2023 vs 2022)
    with Buena Vista Fund Management, LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Palmer Square Capital Mgmt appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2023 vs 2022)
    with Palmer Square Capital Mgmtaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    EPC Group appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as general consultant (plan year 2023 vs 2022)
    with EPC Groupaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Milliman Inc appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Milliman, Inc.askebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Consensus Techologies LLC appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Consensus Techologies LLCaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Nasdaq Inc appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as general consultant (plan year 2023 vs 2022)
    with Nasdaq, Inc.askebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Blakeman Crest Advisors, LLC no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Blakeman Crest Advisors, LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Const Brazil US Feeder Fund LP no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2023 vs 2022)
    with Const Brazil US Feeder Fund LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Blackrock Fund Advisors no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2023 vs 2022)
    with Blackrockaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Alinda Infrastructure Fund II no longer appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2023 vs 2022)
    with Alinda Infrastructure Fund II, L.P.askebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Constellation Investments appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2023 vs 2022)
    with Constellation Investmentsaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Elliot International Limited appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2023 vs 2022)
    with Elliot International Limitedaskebsa.dol.gov
  • Jan 1, 2023Assets changed
    American Federation of Musicians and Employers' Pension Fund and Subsidiary plan assets $1.9B -> $1.7B (-14.0%, 2022-04-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 516120204-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.