HD
LP profile
HP Deferred Profit-Sharing Plan
Pension fund · Founded 1956 · Spring, United States
29
VC firms backed
$463M
AUM
~$4.6M
Allocated to VC (est. 1%)
01 · Background
Who HP Deferred Profit-Sharing Plan is.
- Historical Background
- The Hewlett-Packard Company Deferred Profit-Sharing Plan is a defined contribution plan established in 1956. The plan was closed to new participants on November 1, 1993.
- Source of Capital
- The plan's capital is sourced from contributions made by Hewlett-Packard on behalf of its employees who were participants in the plan before it was frozen. It was designed as a retirement savings vehicle for HP employees.
- Major Events
- For employees who participated before 1993, the benefits from the HP Retirement Plan are offset by the value of benefits earned under the Deferred Profit-Sharing Plan, creating a "floor-offset" arrangement. The plan's total assets were valued at $311.6 million at the end of 2023, a decrease from $463 million at the end of fiscal year 2020.
02 · Fund commitments
The funds HP Deferred Profit-Sharing Plan backs.
HP Deferred Profit-Sharing Plan is a limited partner in 29 funds. 14 of them place in the Power Law Investor Ranking; those lead, best-ranked first.

Sequoia Capital
#2 Power Law

Accel
#4 Power Law

Kleiner Perkins
#18 Power Law

Insight Partners
#23 Power Law

Benchmark
#47 Power Law

CRV
#49 Power Law

Balderton Capital
#59 Power Law

TCV
#67 Power Law

Threshold Ventures
#115 Power Law

Mayfield
#134 Power Law

Foundation Capital
#155 Power Law

Highland Capital Partners
#192 Power Law

Warburg Pincus
#233 Power Law

SCALE Aviation
03 · Allocation
How HP Deferred Profit-Sharing Plan’s fund book is spread.
The 29 funds HP Deferred Profit-Sharing 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 2793%
- Europe 27%
United States 27 · Ireland 1 · United Kingdom 1
How established those managers are
Managers grouped by how many funds they have raised — across the 12 of 29 with a fund history on record.
Emerging funds · 1
Established funds · 11
1
2
1
3
1
4
1
5-6
3
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 HP Deferred Profit-Sharing Plan by combined power-law score — North America first, then the nearest worldwide.
🇩🇰
ATP
$116B AUM
56 VC funds backed
🇨🇦
CPP Investments
$456B AUM
132 VC funds backed
🇺🇸
LAFPP
$30B AUM
139 VC funds backed
🇺🇸
CalSTRS
$311B AUM
126 VC funds backed
🇺🇸
The Boeing Company Employee Retirement Plans Master Trust
$68B AUM
40 VC funds backed
🇺🇸
Massachusetts Institute of Technology Retiree Welfare Benefit Plan
$1.0B AUM
26 VC funds backed
🇺🇸
Agilent Technologies Deferred Profit-Sharing Plan
$141M AUM
24 VC funds backed
🇺🇸
Agilent Technologies Retirement Plan
$1.8B AUM
24 VC funds backed