General Motors Hourly-Rate Employees Pension Plan
Pension fund · Founded 1950 · Detroit, United States
Who General Motors Hourly-Rate Employees Pension Plan is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- The General Motors Hourly-Rate Employees Pension Plan is a defined benefit pension plan established in 1950.
- It was created through an agreement between the predecessor to General Motors and the United Auto Workers (UAW) union to provide retirement income for its hourly workforce.
Source of Capital
- The plan's capital is funded by General Motors to meet its pension obligations to hourly-rate employees and retirees.
- It is a corporate pension fund, meaning the assets are set aside by the company to provide for the retirement, disability, and death benefits of its plan participants.
Allocation Strategy
- The plan's investments are managed by the General Motors Investment Management Corporation (GMIMCo), which serves as the named fiduciary for investment purposes.
The funds General Motors Hourly-Rate Employees Pension Plan backs.
General Motors Hourly-Rate Employees Pension Plan is a limited partner in 13 funds. 12 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How General Motors Hourly-Rate Employees Pension Plan’s fund book is spread.
The 13 funds General Motors Hourly-Rate Employees Pension 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 1292%
- Rest of world 18%
- Europe 00%
United States 12 · China 1
How established those managers are
Managers grouped by how many funds they have raised. 2 emerging (three funds or fewer), 8 established — across the 10 of 13 with a fund history on record.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to General Motors Hourly-Rate Employees Pension Plan by combined power-law score — North America first, then the nearest worldwide.