AP
LP profile
Amitim Pension Funds
Pension fund · Founded 2004 · Tel Aviv-Yafo, Israel
102
VC firms backed
$70B
AUM
~$700M
Allocated to VC (est. 1%)
01 · Background
Who Amitim Pension Funds is.
- 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.
02 · Fund commitments
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; those lead, best-ranked first.
Lightspeed Venture Partners
#7 Power Law
Kleiner Perkins
#18 Power Law
Insight Partners
#23 Power Law
IDG Capital
#27 Power Law
TPG
#158 Power Law
Breyer Capital
#230 Power Law
Blackstone
#240 Power Law
CDH Investments
#320 Power Law
Viola Ventures
#444 Power Law
Advent International
American Industrial Partners
American Securities
Apax Partners
Apollo Global Management
Ares Management
Arjun Infrastructure Partners
Baring Vostok Capital Partners
Bayside Capital
BC Partners
Boyu Capital
Bridgepoint
Capvis
Carlyle Cardinal Ireland - CCI
Cinven
Clessidra Private Equity
Coller Capital
Creador
CVC Capital Partners
Egeria
Ethos Private Equity
FIMI
Fortissimo Capital
Gemini Israel Ventures
Hahn & Co
Investcorp
Israel Growth Partners
Klirmark
Magma Venture Partners
MBK Partners
Medica Venture Partners
Noy Fund
Pitango Venture Capital
Polaris Capital Group
03 · Allocation
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 — across the 74 of 102 with a fund history on record.
Emerging funds · 26
Established funds · 48
11
1
7
2
8
3
7
4
9
5-6
11
7-9
6
10-14
15
15+
Funds raised by the manager
04 · Other LPs
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.
🇺🇸
Citigroup Pension Plan
$9.8B AUM
38 VC funds backed
🇺🇸
Boy Scouts of America Master Pension Trust - Boy Scouts of America Retirement Plan For Employees
$1.4B AUM
10 VC funds backed
🇺🇸
Kaiser Permanente 401(k) Retirement Plan
$20B AUM
8 VC funds backed
🇺🇸
State of Wisconsin Investment Board
$156B AUM
137 VC funds backed
🇺🇸
Children's Hospital Corporation Pension Plan
$1.0B AUM
17 VC funds backed
🇺🇸
Indiana State Teachers' Retirement System
$10B AUM
26 VC funds backed
🇺🇸
Sacramento County Employees' Retirement System
$13B AUM
54 VC funds backed
🇺🇸
Physicians' Organization at Children's Hospital Retirement Plan Group Trust
14 VC funds backed