WaltonStreetWrecks.org is maintained by the UNITE HERE Research Department. UNITE HERE is the union of workers in the hotel, gaming, and food service industries. Our 250,000 members are beneficiaries of pension funds with over $3 billion in assets. UNITE HERE represents thousands of public employees who are participants in the Chicago Municipal Employees Annuity and Benefit Fund (MEABF), a limited partner in Walton Street Fund V.
The Research Department regularly distributes information about investment managers in our members’ industries.
UNITE HERE is currently supporting an organizing drive by workers at SugarHouse Casino in Philadelphia. The managing principal of Walton Street Capital is also a principal of SugarHouse Casino.
Walton Street Real Estate Fund VI is the majority owner of Rivers Casino in Pittsburgh. Rivers Casino Pittsburgh is managed by Rush Street Gaming, which was at June 30, 2014 wholly owned by Neil Bluhm and two trust funds: Bluhm’s son is the trustee of one; the Rush Street CEO and co-founder is trustee of the other. Rush Street Gaming runs a joint-management program including Rivers Casino Pittsburgh and SugarHouse Casino.
Workers at Rivers Casino Pittsburgh formed the Steel City Casino Workers Council Organizing Committee to demand respect and a fair process to form a union. UNITE HERE Local 57 is a member of the Steel City Casino Workers Council.