Carpenters, Local 94, Rhode Island, Warwick, committed an undisclosed...

Carpenters, Local 94, Rhode Island, Warwick, committed an undisclosed amount to two REITs, one managed by AFL-CIO and the other by ULLICO, pending contract negotiations, said Valerie E. Campana, co-administrator. Funding came from rebalancing assets across the board, she said. The $141 million pension plan's asset allocation is 47.5% equity, 47.5% fixed income and 5% real estate. Segal Advisors advised.