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

Operating Engineers' Local 324 Pension Fund

Taft-Hartley planTroy, MI
Assets
$1.9B
Total assets, Apr 30, 2025 reported
Funded
76.0%
May 1, 2024
Private markets target
n/a
policy Apr 30, 2025
Commitments
56
14 managers on Schedule C
Plan sponsor: Joint Board of Trustees Operating Engineers Local 324
Allocation policy
Form 5500, as of Apr 30, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.3%
  • Non-interest-bearing cash 2.8%
  • Other investments 0.2%
  • Partnership/joint venture interests 24.1%
  • 103-12 investment entities 8.6%
  • Common/collective trusts 43.7%
  • Registered investment companies 3.8%
  • Common stock 15.4%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
10 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
56 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Apr 30, 2025Nhit Multisector Full Discretion Trcollective trustLoomis Sayles Trust CompanyPooled vehicles$113M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Bnym Melon Db Sl Acwi Fundcollective trustBNY MellonPooled vehicles$157M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Wacap O Real Est Opp Viii Feed LLC103 12 ieWacap O Real Estate Opp Fd ViiiPooled vehicles$9.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$10.7M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Alcentra Euro Cr Opp Fd III Scsp103 12 ieAlcentra European Credit OppPooled vehicles$6.6M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025MAJ Invest Master Citcollective trustSEI Trust CompanyPooled vehicles$116M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$111M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Global Equity Long-Only Fund LP103 12 ieFiera Capital Inc.Public equity$115M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$13.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025NIS Preferred Stock Fund II, LLCcollective trustNational Investment Services of America, LLCPublic equity$5.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025NIS Total Absolute Return Fund, LLCcollective trustTitaniumHedge / diversifiers$9.7M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025NIS Intermediate Fixed Income Fundcollective trustNational Investment Services of America, LLCFixed income$82.7M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025NIS High Yield Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$6.9M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Collective Trust Government Stifcollective trustBNY MellonPooled vehicles$30.6M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Crescent Capital Trust II (levered)collective trustCrescent Capital Collective InvPooled vehicles$8.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025ASB Labor Equity Index Fundcollective trustAfl-Cio Equity FundPublic equity$113M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Aristotle Collective Investment Trucollective trustSEI Trust CompanyPooled vehicles$91.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Wacap-O Trans Infra Cap Ptrs Feeder103 12 ieWashington Capital Management, Inc.Infrastructure$11.2M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024TCW Capital Trustcollective trustSEI Trust CompanyPooled vehicles$57,228 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Nhit Multisector Full Discretion Trcollective trustLoomis Sayles Trust CompanyPooled vehicles$102M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Bnym Melon Db Sl Acwi Fundcollective trustBNY MellonPooled vehicles$140M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Wacap O Real Est Opp Viii Feed LLC103 12 ieWacap O Real Estate Opp Fd ViiiPooled vehicles$10.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$9.7M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Alcentra Euro Cr Opp Fd III Scsp103 12 ieAlcentra European Credit OppPooled vehicles$6.5M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024MAJ Invest Master Citcollective trustSEI Trust CompanyPooled vehicles$106M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$106M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Global Equity Long-Only Fund LP103 12 ieFiera Capital Inc.Public equity$109M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$12.9M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024NIS Preferred Stock Fund II, LLCcollective trustNational Investment Services of America, LLCPublic equity$5.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024NIS Total Absolute Return Fund, LLCcollective trustTitaniumHedge / diversifiers$10.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024NIS Intermediate Fixed Income Fundcollective trustNational Investment Services of America, LLCFixed income$76.7M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024NIS High Yield Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$5.1M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Collective Trust Government Stifcollective trustBNY MellonPooled vehicles$28.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Crescent Capital Trust II (levered)collective trustCrescent Capital Collective InvPooled vehicles$9.5M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024ASB Labor Equity Index Fundcollective trustAfl-Cio Equity FundPublic equity$100M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Aristotle Collective Investment Trucollective trustSEI Trust CompanyPooled vehicles$88.1M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Wacap-O Trans Infra Cap Ptrs Feeder103 12 ieWashington Capital Management, Inc.Infrastructure$10.1M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023TCW Capital Trustcollective trustSEI Trust CompanyPooled vehicles$57,228 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Nhit Multisector Full Discretion Trcollective trustLoomis Sayles Trust CompanyPooled vehicles$68.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Bnym Melon Db Sl Acwi Fundcollective trustBNY MellonPooled vehicles$137M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$8.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Alcentra Euro Cr Opp Fd III Scsp103 12 ieAlcentra European Credit OppPooled vehicles$8.1M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023MAJ Invest Master Citcollective trustSEI Trust CompanyPooled vehicles$86.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$86.5M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Global Equity Long-Only Fund LP103 12 ieFiera Capital Inc.Public equity$97.9M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$13.1M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023NIS Preferred Stock Fund II, LLCcollective trustNational Investment Services of America, LLCPublic equity$3.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023NIS Total Absolute Return Fund, LLCcollective trustTitaniumHedge / diversifiers$7.9M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023NIS Intermediate Fixed Income Fundcollective trustNational Investment Services of America, LLCFixed income$57.4M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023NIS High Yield Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$3.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Collective Trust Government Stifcollective trustBNY MellonPooled vehicles$33.4M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023ASB Labor Equity Index Fundcollective trustAfl-Cio Equity FundPublic equity$102M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Aristotle Collective Investment Trucollective trustSEI Trust CompanyPooled vehicles$74.2M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Wacap-O Trans Infra Cap Ptrs Feeder103 12 ieWashington Capital Management, Inc.Infrastructure$8.6M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Wacap O Real Est Opp Viii Feed LLC103 12 ieWacap O Real Estate Opp Fd ViiiPooled vehicles$8.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Crescent Capital Trust II (levered)collective trustCrescent Capital Collective InvPooled vehicles$9.4M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$1.9B Apr 30, 2025 reported Form 5500
$1.8B (2024-04) · $1.6B (2023-04)
Plan assets
$1.8B May 1, 2024 reported Form 5500
$1.6B (2023-05) · $1.6B (2022-05)
Net assets
$1.9B Apr 30, 2025 reported Form 5500
$1.8B (2024-04) · $1.6B (2023-04)
Funded ratio
76.0% May 1, 2024 reported Form 5500
72.6% (2023-05) · 69.8% (2022-05)
Participants
21,490 May 1, 2024 reported Form 5500
20,276 (2023-05) · 19,458 (2022-05)
Contributions
$177M Apr 30, 2025 reported Form 5500
$175M (2024-04) · $162M (2023-04)
Benefits paid
$171M Apr 30, 2025 reported Form 5500
$166M (2024-04) · $161M (2023-04)
Net investment income
$120M Apr 30, 2025 reported Form 5500
$168M (2024-04) · $-1.9M (2023-04)
Investment management fees
$14.2M Apr 30, 2025 reported Form 5500
$8.2M (2024-04) · $8.4M (2023-04)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Apr 30, 202521,490n/an/an/a$1.9B$466Mn/an/a
2023 to Apr 30, 202420,276n/an/an/a$1.8B$439Mn/an/a
2022 to Apr 30, 202319,458n/an/an/a$1.6B$446M$0n/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
38 events
  • Apr 30, 2025Holding endedinference
    Operating Engineers' Local 324 Pension Fund no longer reports TCW Capital Trust (last held $57,228 at 2024-04-30; absent from the 2025-04-30 filing)
    with TCW Capital Trustaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Westport Capital Partners LLC appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Westport Capital Partners LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Schroder Investment Management Nort appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Schroder Investment Management Nortaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Ccmp Capital Investors III LP no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Ccmp Capital Investors III LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Terracap Management, LLC appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Terracap Management, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Blackstone Infrastructure Partners appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Blackstone Infrastructure Partnersaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    GCM Grosvenor L.P. appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with GCM Grosvenor L.P.askebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Mesirow Financial Inv Mgmt Inc. appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Mesirow Financial Inv Mgmt Inc.askebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Pemberton Evergreen Alt Credit Fd no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Pemberton Evergreen Alt Credit Fdaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    BCP Fund Iii-A LP appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with BCP Fund Iii-A LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Monroe Capital Management Advisors no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Monroe Capital Management Advisors,askebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Invesco Private Cr Opp Fd LP no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Invesco Private Cr Opp Fd LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Bentallgreenoak appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Bentallgreenoakaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Riverstone appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Riverstone Holdings LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Grosvenor Capital Management, L.P. no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with GCM Grosvenor L.P.askebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    TPG Opportunities Partners no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with TPG Opportunities Partnersaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Newstone Capital II Trust Fund appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Newstone Capital II Trust Fundaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Pgim appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Pgim Incaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Ironsides Co Investment Fund VII LP appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Ironsides Co Investment Fund VII LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Apogem Capital, LLC appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Apogem Capital, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Kayne Anderson Capital Advisors, LP no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Kayne Anderson Capital Advisors, LPaskebsa.dol.gov
  • May 1, 2024Funded status changed
    Operating Engineers' Local 324 Pension Fund funded ratio 72.6% -> 76.0% (2023-05-01 to 2024-05-01)
    askebsa.dol.gov
  • May 1, 2024Assets changed
    Operating Engineers' Local 324 Pension Fund plan assets $1.6B -> $1.8B (+10.4%, 2023-05-01 to 2024-05-01)
    askebsa.dol.gov
  • Apr 30, 2024Assets changed
    Operating Engineers' Local 324 Pension Fund total assets $1.6B -> $1.8B (+11.5%, 2023-04-30 to 2024-04-30)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Brookfield Asset Mgmt Private Inst no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Brookfield Asset Managementaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Parametric Portfolio Assoc., LLC no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Parametric Portfolio Associatesaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Invesco Private Cr Opp Fd LP appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Invesco Private Cr Opp Fd LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Benefit Street Partners Senior Secu appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Benefit Street Partners Senior Secuaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Prudential Real Estate Investors no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Prudential Real Estate Investorsaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    King Street Capital Management, LP appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with King Street Capital Management, L.Paskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Ccmp Capital Investors III LP appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Ccmp Capital Investors III LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Schroder Investment Management Nort no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Schroder Investment Management Nortaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Angelo, Gordon & Co. appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Angelo, Gordon & Co.askebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Ethan E Kra Actuarial Services no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Ethan E. Kra Actuarial Services LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Ares Commercial Real Estate Mgmt appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Ares Commercial Real Estate Mgmtaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Riverstone no longer appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Riverstone Holdings LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Pemberton Evergreen Alt Credit Fd appears on Operating Engineers' Local 324 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Pemberton Evergreen Alt Credit Fdaskebsa.dol.gov
  • May 1, 2023Funded status changed
    Operating Engineers' Local 324 Pension Fund funded ratio 69.8% -> 72.6% (2022-05-01 to 2023-05-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 381900637-001
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.