AP
Who Amitim Pension Funds is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
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.
The funds Amitim Pension Funds backs.
Amitim Pension Funds is a limited partner in 102 funds. 9 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How Amitim Pension Funds’ fund book is spread.
The 102 funds Amitim Pension Funds backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 4746%
- Europe 3130%
- Rest of world 2424%
United States 47 · United Kingdom 16 · Israel 13 · Netherlands 3
How established those managers are
Managers grouped by how many funds they have raised. 26 emerging (three funds or fewer), 48 established — across the 74 of 102 with a fund history on record.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Amitim Pension Funds by combined power-law score, with the assets each one manages and how many VC funds it backs.