LP profile

Eversource Retirement Plan Master Trust

Pension fund · Founded 2000 · West Hartford, United States

#502 LP Ranking #221 of 1,316 pension funds

26 VC firms backed

$1.0B AUM

~$10M Allocated to VC (est. 1%)

01 · Background

Who Eversource Retirement Plan Master Trust is.

Historical Background: The Eversource Retirement Plan Master Trust was established in 2000. It serves as a single-employer corporate pension fund for the employees of Eversource Energy, a Fortune 500 energy company.
Source of Capital: The trust's capital is sourced from the pension plan established for the employees of Eversource Energy. Eversource Energy offers a 401(k) plan with an employer match and a cash balance pension plan with employer contributions based on employee age, service years, and pay.
Major Events: In October 2020, the Eversource Supplemental Retirement and Savings Plan and the Eversource Gas Company of Massachusetts 401k Plan Master Trust were created to hold the assets of the plan and the EGMA 401k Plan collectively. The company reached a $15 million settlement in a class-action lawsuit concerning fees and funds within its 401(k) plan.

Sources

02 · Fund commitments

The funds Eversource Retirement Plan Master Trust backs.

Eversource Retirement Plan Master Trust is a limited partner in 26 funds. 8 of them place in the Power Law Investor Ranking; those lead, best-ranked first.

Valor Equity Partners

Asia Alternatives

United States

Contrarian Drishti Partners

India

Delta-v Capital

United States

EIV Capital

United States

Fairview Capital Partners

United States

GenBridge Capital

China

Hamilton Lane

United States

HarbourVest Partners

United States

N5 Capital

China

Vickers Venture Partners

China

03 · Allocation

How Eversource Retirement Plan Master Trust’s fund book is spread.

The 26 funds Eversource Retirement Plan 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.

North America 2077%
Rest of world 415%
Europe 28%

United States 20 · China 3 · United Kingdom 2 · India 1

How established those managers are

Managers grouped by how many funds they have raised — across the 20 of 26 with a fund history on record.

Emerging funds · 7

Established funds · 13

3 1

3 2

1 3

5 5-6

2 7-9

2 10-14

4 15+

Funds raised by the manager

04 · Other LPs

Other LPs.

Other pension funds in the Power Law LP ranking, closest to Eversource Retirement Plan Master Trust by combined power-law score — North America first, then the nearest worldwide.

🇺🇸

Lowa Municipal Fire & Police Retirement System

LP rank #345 · United States

$2.0B AUM 43 VC funds backed

🇬🇧

Lancashire County Pension Fund

LP rank #374 · United Kingdom

$12B AUM 50 VC funds backed

🇬🇧

Greater Manchester Pension Fund

LP rank #407 · United Kingdom

$35B AUM 60 VC funds backed