LP profile · Pension fund
HP Pension Plan
HP Pension Plan is a pension fund headquartered in United States (North America). Ranked #70 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
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.
Allocation Strategy
- No information available.