HP
LP profile
Hampshire Pension Fund
Pension fund · Founded 1889 · Winchester, United Kingdom
71
VC firms backed
$9.0B
AUM
~$90M
Allocated to VC (est. 1%)
01 · Background
Who Hampshire Pension Fund is.
- Historical Background
- The Hampshire Pension Fund was established in 1974 as part of the Local Government Pension Scheme (LGPS). It is a signatory of the UK Stewardship Code and the UN Principles of Responsible Investment (PRI), reflecting a long-term commitment to responsible investment practices.
- Source of Capital
- The fund's capital is derived from contributions made by and on behalf of public sector employees in the county of Hampshire. It manages the pension assets for over 206,000 members, including employees of Hampshire County Council, district and city councils, schools, academies, and other public service organizations.
- Major Events
- The fund is a member of the ACCESS (A Collaboration of Central, Eastern and Southern Shires) pool, a group of 11 LGPS funds working together to pool investments for improved efficiency and cost savings.
- Allocation Strategy
- The fund allocates capital across a diversified range of asset classes including public equities, fixed income, and alternatives. According to its 2023/24 annual report, the fund's strategic asset allocation includes significant weightings to global equities, UK equities, and infrastructure, with smaller allocations to property and private credit. The fund has a stated objective of achieving net-zero greenhouse gas emissions from its investment portfolio by 2050 at the latest.
02 · Fund commitments
The funds Hampshire Pension Fund backs.
Hampshire Pension Fund is a limited partner in 71 funds. 10 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

Venrock
#56 Power Law

Silver Lake Partners
#180 Power Law

Union Square Ventures
#184 Power Law

Northzone
#224 Power Law

Inovia Capital
#284 Power Law

Tenaya Capital
#449 Power Law

StepStone Group
#497 Power Law

3i Group

Aberdeen

Aberdeen Asset Management

Abris Capital Partners
Advantech Capital

Advent International

AE Industrial Partners

Afinum

Altor Equity Partners

Antin Infrastructure Partners

Asterion Industrial Partners

Astorg

Bayside Capital

Bowmark Capital

Capital Square Partners

Coller Capital

IFM Investors

Infinity Group

Japan Industrial Partners

Longreach Capital Partners
Macquarie Infrastructure and Real Asset
Redview Capital

Vertex Ventures Israel

Viola Credit
03 · Allocation
How Hampshire Pension Fund’s fund book is spread.
The 71 funds Hampshire Pension Fund 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 3549%
- Europe 2637%
- Rest of world 1014%
United States 33 · United Kingdom 15 · Australia 2 · Canada 2
How established those managers are
Managers grouped by how many funds they have raised — across the 44 of 71 with a fund history on record.
Emerging funds · 10
Established funds · 34
5
1
4
2
1
3
5
4
10
5-6
10
7-9
5
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 Hampshire Pension Fund by combined power-law score — Europe first, then the nearest worldwide.
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AP2
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ATP
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Arkansas Teacher Retirement System
$23B AUM
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Sidley Austin Master Pension Trust
$1.1B AUM
43 VC funds backed
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UPMC Master Trust
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Industriens Pension
$31B AUM
84 VC funds backed
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West Midlands Pension Fund
$25B AUM
69 VC funds backed
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Keva
$70B AUM
68 VC funds backed