CR
LP profile
Co-Op Retirement Plan
Pension fund · Founded 1946 · Kansas City, United States
34
VC firms backed
$15B
AUM
~$150M
Allocated to VC (est. 1%)
01 · Background
Who Co-Op Retirement Plan is.
- Historical Background
- The Co-Op Retirement Plan was founded in 1946 to serve employees of local agricultural cooperatives and Farmland Industries, Inc. It is a multi-employer defined benefit pension plan overseen by the Co-op Retirement Plan Committee, which is appointed by the Board of Directors of United Benefits Group (UBG). The related Co-op 401(k) Plan, which works in conjunction with the pension plan, has grown to serve over 250 cooperatives and nearly 30,000 employees across 24 states.
- Source of Capital
- The plan is funded by contributions from participating cooperative employers on behalf of their employees. As a defined benefit pension plan, the benefit is based on a formula, not on investment returns from employee contributions.
- Allocation Strategy
- The plan's investments are held in a trust fund maintained by JPMorgan Chase. For the associated 401(k) plan, participants are offered an age- and risk-based target model solution called InvestMap, which creates a specific asset allocation from the plan's core fund lineup. Participants also have the option to use professionally managed accounts through external investment managers who can offer advice or manage investment decisions.
02 · Fund commitments
The funds Co-Op Retirement Plan backs.
Co-Op Retirement Plan is a limited partner in 34 funds. 10 of them place in the Power Law Investor Ranking; those lead, best-ranked first.

Accel
#4 Power Law

Andreessen Horowitz
#5 Power Law

New Enterprise Associates
#8 Power Law

IDG Capital
#27 Power Law

Venrock
#56 Power Law

Greycroft Partners
#76 Power Law

OrbiMed
#98 Power Law

Collaborative Fund
#122 Power Law

North Bridge Venture Partners
#328 Power Law

Legend Capital
#364 Power Law

Abbott Capital Management

Alsop Louie Partners
Bay City Capital

Crestline Investors

Decheng Capital

Doughty Hanson Technology Ventures

Eastern Bell Capital

Elevation Capital
Joy Capital

Orchid Asia Group Management
03 · Allocation
How Co-Op Retirement Plan’s fund book is spread.
The 34 funds Co-Op Retirement Plan 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 2676%
- Rest of world 721%
- Europe 13%
United States 26 · China 5 · Hong Kong 1 · India 1
How established those managers are
Managers grouped by how many funds they have raised — across the 25 of 34 with a fund history on record.
Emerging funds · 9
Established funds · 16
5
1
2
2
2
3
1
4
7
5-6
3
7-9
2
10-14
3
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Co-Op Retirement Plan by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
State of Michigan
$96B AUM
55 VC funds backed
🇺🇸
State of Michigan Retirement Systems
$100B AUM
49 VC funds backed
🇬🇧
Hampshire Pension Fund
$9.0B AUM
48 VC funds backed
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Bessemer Trust
$45B AUM
26 VC funds backed
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Lockheed Martin Master Retirement Trust
$24B AUM
37 VC funds backed
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BP Master Trust For Employee Pension Plans
$13B AUM
26 VC funds backed
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General Motors Hourly-Rate Employees Pension Plan
$54B AUM
12 VC funds backed
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Iowa Public Employees' Retirement System
$42B AUM
64 VC funds backed