Pedro A.

Herrera

With more than two decades of experience advising institutional funds, Pedro is nationally recognized for his ability to guide plan trustees, sponsors, and fiduciaries through the full spectrum of regulatory, legislative, and operational challenges affecting both defined benefit and defined contribution pension plans, HSAs, HRAs, Money Purchase Plans, Taft-Hartley and governmental plans, Voluntary Employees' Beneficiary Association (VEBAs), endowment funds, corporate plans, not-for-profits, as well as health and welfare benefit plans. He remains at the forefront of the latest legal and business developments impacting compensation and benefits arrangements.

Pedro serves as general counsel to the boards of trustees of governmental employee benefit plans, helping boards navigate complex issues involving fiduciary duties, regulatory compliance, investment governance, and trustee responsibilities. His practice also includes extensive work with multiemployer Taft‑Hartley plans, advising on ERISA, the Internal Revenue Code, trust law, co‑fiduciary liability, prohibited transactions, and directed trustee obligations. He provides comprehensive counsel on drafting, updating, and administering both qualified and non-qualified retirement plans and health plans.

Leveraging his education from the Wharton School, Pedro brings deep insight into investment structures and plan governance. He has negotiated and secured sophisticated institutional investment agreements across all asset classes, including equities, fixed income, private equity, private debt, venture capital, hedge funds, real estate, commodities, and other alternative investment structures.