BA
LP profile
Bell Atlantic Master Trust
Pension fund · Founded 1984 · Bernards Township, United States
68
VC firms backed
$8.0B
AUM
~$80M
Allocated to VC (est. 1%)
01 · Background
Who Bell Atlantic Master Trust is.
- Historical Background
- Bell Atlantic Master Trust is the corporate pension plan for employees of Verizon Communications. The trust holds the assets for both defined benefit and defined contribution plans for Verizon employees.
- Source of Capital
- The trust's capital is derived from its function as a corporate pension plan, managing retirement assets for Verizon employees. It provides retirement, pension, survival, and death benefits to eligible beneficiaries.
- Allocation Strategy
- The Bank of New York Mellon serves as the trustee for the plan. Verizon Investment Management Corp. (VIMCO), a subsidiary of Verizon, acts as the investment manager for the trust's assets.
02 · Fund commitments
The funds Bell Atlantic Master Trust backs.
Bell Atlantic Master Trust is a limited partner in 68 funds. 21 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Sequoia Capital
#2 Power Law
Accel
#4 Power Law
New Enterprise Associates
#8 Power Law
Index Ventures
#11 Power Law
General Catalyst
#13 Power Law
Kleiner Perkins
#18 Power Law
CRV
#49 Power Law
Spark Capital
#51 Power Law
Battery Ventures
#54 Power Law
Partech
#72 Power Law
RRE Ventures
#93 Power Law
Mayfield
#134 Power Law
Highland Capital Partners
#192 Power Law
Warburg Pincus
#233 Power Law
OurCrowd
#434 Power Law
Apax Partners
Ardian
Doughty Hanson Technology Ventures
EQT Group
Globis Capital Partners
Invesco
PM & Partners
Rock Creek Capital
SCALE Aviation
TVG Capital Partners
03 · Allocation
How Bell Atlantic Master Trust’s fund book is spread.
The 68 funds Bell Atlantic Master Trust backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters, across the 67 of 68 with a location on record.
- North America 5582%
- Europe 913%
- Rest of world 34%
United States 55 · United Kingdom 4 · France 2 · Hong Kong 1
How established those managers are
Managers grouped by how many funds they have raised — across the 36 of 68 with a fund history on record.
Emerging funds · 10
Established funds · 26
5
1
5
2
3
1
4
5
5-6
8
7-9
3
10-14
9
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Bell Atlantic Master Trust by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
SBC Master Pension Trust
$58B AUM
92 VC funds backed
🇺🇸
Retirement Plan of Duke University
$8.5B AUM
71 VC funds backed
🇺🇸
Liberty Mutual Retirement Benefit Plan
$100B AUM
59 VC funds backed
🇺🇸
Operating Engineers Trust Fund of Washington D.C. and Vicinity
$1.5B AUM
52 VC funds backed
🇺🇸
The Pension Benefit Guaranty Corporation (PBGC)
$123B AUM
105 VC funds backed
🇺🇸
Lucent Technologies Master Pension Trust
$13B AUM
52 VC funds backed
🇺🇸
MGB Erisa Master Trust
$3.8B AUM
46 VC funds backed
🇺🇸
Nevada Public Employees Retirement System
$53B AUM
61 VC funds backed