Operating Engineers' Local 324 Pension Fund
Taft-Hartley plan, based in Troy, Michigan, reporting $1.9B in assets, for 21,490 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 30 Apr 2025, 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).
10 more managers, 53 more commitments and 33 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- Global Equity Long-Only Fund LP3 commitments
- NIS Preferred Stock Fund II, LLC3 commitments
- NIS Intermediate Fixed Income Fund3 commitments
- National Investment Svcs of Amer9 commitments
- Washington Capital Management, Inc.9 commitments
- BNY Mellon6 commitments
Relationship network
145 connected entities56 observed commitments33 repeat counterparties37 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 0.3%
- 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
- Nepc, LLC Pension consultantthrough Apr 30, 2023 Form 5500
- Horizon Actuarial Services Actuarythrough Apr 30, 2023 Form 5500
- Ethan E. Kra Actuarial Services LLC Actuarythrough Apr 30, 2023 Form 5500
People
Manager roster
- National Investment Svcs of Amer9 rows, latest Apr 30, 2025
- Washington Capital Management, Inc.9 rows, latest Apr 30, 2025
- BNY Mellon6 rows, latest Apr 30, 2025
+10 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
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- Washington Capital Management, Inc.plan years 2023
- Maj Invest Equityplan years
- Crescent Capitalplan years
+56 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
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What changed
- Apr 30, 2025Holding endedinferenceOperating 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 startedWestport 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 startedSchroder 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 endedinferenceCcmp 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 startedTerracap 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
+33 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Apr 30, 2025 | Global Equity Long-Only Fund LP103 12 ie | Fiera Capital | Public equity | $115M held | Disclosed holding | askebsa.dol.gov | |
| as of Apr 30, 2025 | NIS Preferred Stock Fund II, LLCcollective trust | National Investment Svcs of Amer | Public equity | $5.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Apr 30, 2025 | NIS Intermediate Fixed Income Fundcollective trust | National Investment Svcs of Amer | Fixed income | $82.7M held | Disclosed holding | askebsa.dol.gov |
+53 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 Apr 30, 2025 | 21,490 | Not disclosed | Not disclosed | n/a | $1.9B | $466M | Not disclosed | Not disclosed |
| 2023 to Apr 30, 2024 | 20,276 | Not disclosed | Not disclosed | n/a | $1.8B | $439M | Not disclosed | Not disclosed |
| 2022 to Apr 30, 2023 | 19,458 | Not disclosed | Not disclosed | n/a | $1.6B | $446M | $0 | Not disclosed |
- Ares Commercial Real Estate Managem codes 28 50 51 52 $2.4M PY2024
- Pgim codes 28 50 51 52 $1.5M PY2024
- Blackstone Infrastructure Partners codes 28 50 51 52 $970,293 PY2024
+257 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Operating Engineers' Local 324 Pension Fund sits on 12 traced paths of capital across the graphs.
DFX traced 12 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
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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 ended2025-04-30source on record
- Manager relationship started2024-12-31source on record
- Manager relationship started2024-12-31source on record
+35 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
+66 connections on the graph
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