Who HP 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 HP Pension Plan is a retirement benefits scheme established under a trust for the employees of Hewlett-Packard.
- Following the separation of Hewlett-Packard into HP Inc. and Hewlett Packard Enterprise (HPE) in 2015, the pension obligations were also separated, with each company maintaining its own set of plans.
Source of Capital
- The plan's capital is derived from contributions made by Hewlett-Packard (and now HP Inc. and HPE) to fund the pension benefits for its employees and retirees.
- These are defined benefit pension plans, where the employer is responsible for ensuring there are sufficient funds to meet its obligations to pensioners.
Major Events
- In 2015, in conjunction with the company's separation, the pension plans were divided between HP Inc. and Hewlett Packard Enterprise.
- In 2021, the HP Inc. Pension Plan began a process of de-risking by purchasing a group annuity contract from Prudential to transfer a portion of its pension obligations.
The funds HP Pension Plan backs.
HP Pension Plan is a limited partner in 25 funds. 13 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How HP Pension Plan’s fund book is spread.
The 25 funds HP 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 2392%
- Europe 28%
- Rest of world 00%
United States 23 · Ireland 1 · United Kingdom 1
How established those managers are
Managers grouped by how many funds they have raised. 1 emerging (three funds or fewer), 9 established — across the 10 of 25 with a fund history on record.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to HP Pension Plan by combined power-law score — North America first, then the nearest worldwide.