LP profile · Pension fund
Amitim Pension Funds
Amitim Pension Funds is a pension fund headquartered in Israel (Asia). Ranked #172 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- Amitim was established in 2003 as a unified body to manage eight of Israel's oldest defined-benefit pension funds.
- The Israeli government nationalized these funds and placed them under special management due to a significant actuarial deficit.
Source of Capital
- The firm's capital is derived from the pension contributions of over 135,000 actively insured members and serves over 215,000 pensioners.
- It manages the assets of eight specific pension funds: Mivtachim, Central Retirement Fund, Makefet, Hadassah, Binyan, Haklaim, Egged, and Nativ.
Major Events
- In 2003, the Israeli Ministry of Finance took control of the eight pension funds that now constitute Amitim.
- A special manager was appointed by the government to oversee the funds, a position that has been reappointed over the years to manage the organization.
Allocation Strategy
- The fund allocates capital across a diverse range of asset classes, including public equities, bonds, private equity, private lending, and real estate.
- Amitim's investment division is composed of specialized departments for each of its target asset classes.
- The organization's stated goal is to match its assets to its liabilities by achieving risk-adjusted returns for its members.