Arizona Pipe Trades Pension Plan
Taft-Hartley plan, based in Phoenix, Arizona, reporting $419M in assets, for 4,354 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 May 2025, Arizona Pipe Trades Pension Plan first reports an interest in NCS Group Trust - International Fun (Walter Scott Ncs): $22M at 2025-05-31.
3 more advisers, 4 more managers, 15 more commitments and 3 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- Lazard Emerging Markets Equity Fund3 commitments
- Bnym Mellon Afl-Cio Sl Stock Index3 commitments
- Causeway International Value Group3 commitments
- Lazard Asset Management LLC3 commitments
- BNY Mellon3 commitments
- Causeway Capital Management LLC3 commitments
Relationship network
46 connected entities18 observed commitments13 repeat counterparties12 dated commitments shown here, 2023 to 2025
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesTaft-Hartley planShowHide
Allocation policy
- Interest-bearing cash 0.6%
- Non-interest-bearing cash 0.2%
- Corporate debt instruments (other) 11.1%
- U.S. Government securities 11.3%
- Partnership/joint venture interests 27.1%
- 103-12 investment entities 5.3%
- Common/collective trusts 41.8%
Consultants and advisers
- CAP Financial Partners LLC Investment adviser (plan)through May 31, 2024 Form 5500
- The Segal Co. (eastern States) Inc. Pension consultantthrough May 31, 2023 Form 5500
- Verus Advisory, Inc. Investment adviser (plan)through May 31, 2023 Form 5500
+3 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
- Lazard Asset Management LLC3 rows, latest May 31, 2025
- BNY Mellon3 rows, latest May 31, 2025
- Causeway Capital Management LLC3 rows, latest May 31, 2025
+4 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
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- Lazard Asset Management LLCplan years
- Acadian Asset Managementplan years 2025
- AFL Cio Asset Managementplan years 2025
+8 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
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What changed
- May 31, 2025Holding startedArizona Pipe Trades Pension Plan first reports an interest in NCS Group Trust - International Fun (Walter Scott Ncs): $22M at 2025-05-31with Walter Scott Ncsaskebsa.dol.gov
- May 31, 2025Holding endedinferenceArizona Pipe Trades Pension Plan no longer reports Panagora GP Tr Risk Parity Ma High (Panagora Investment Manager) (last held $7M at 2024-05-31; absent from the 2025-05-31 filing)with Panagora Investment Manageraskebsa.dol.gov
- Dec 31, 2024Consultant changedinferenceCAP Financial Partners no longer appears on Arizona Pipe Trades Pension Plan's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)with CAP Financial Partners LLCaskebsa.dol.gov
- Jun 1, 2024Funded status changedArizona Pipe Trades Pension Plan funded ratio 97.3% -> 87.8% (2023-06-01 to 2024-06-01)
- Jun 1, 2024Assets changedArizona Pipe Trades Pension Plan plan assets $343M -> $382M (+11.4%, 2023-06-01 to 2024-06-01)
+3 more dated events
Every name, record and relationship behind this count, with the source on each.
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Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of May 31, 2025 | NCS Group Trust - International Fun103 12 ie | Walter Scott Ncs | Pooled vehicles | $22.1M held | Disclosed holding | askebsa.dol.gov | |
| as of May 31, 2025 | Lazard Emerging Markets Equity Fundcollective trust | Lazard Asset Management LLC | Public equity | $5.0M held | Disclosed holding | askebsa.dol.gov | |
| as of May 31, 2025 | Bnym Mellon Afl-Cio Sl Stock Indexcollective trust | BNY Mellon | Public equity | $122M held | Disclosed holding | askebsa.dol.gov |
+15 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to May 31, 2025 | 4,354 | Not disclosed | Not disclosed | n/a | $419M | $113M | Not disclosed | Not disclosed |
| 2023 to May 31, 2024 | 3,980 | Not disclosed | Not disclosed | n/a | $384M | $59.4M | Not disclosed | Not disclosed |
| 2022 to May 31, 2023 | 3,817 | Not disclosed | Not disclosed | n/a | $344M | $66.0M | Not disclosed | Not disclosed |
- Benesys codes 13 $387,020 PY2024
- Verus Advisors, Inc. codes 27 $224,845 PY2024
- Mcmorgan and Company codes 51 $220,404 PY2024
+77 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Arizona Pipe Trades Pension Plan sits on 20 traced paths of capital across the graphs.
DFX traced 20 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Holding in a pooled vehicle started2025-05-31source on record
- Holding in a pooled vehicle ended2025-05-31source on record
- Consultant changed2024-12-31source on record
+5 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+18 connections on the graph
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