LP profile · Pension fund

Indiana Public Employees' Defined Benefit Account

Indiana Public Employees' Defined Benefit Account is a pension fund headquartered in United States (North America). Ranked #151 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.

Type
Pension fund
HQ
United States
AUM
$44.0B
VC allocation
2%
Power Law score
37,010
LP rank

Historical Background

  • The Indiana Public Employees' Retirement Fund (PERF) was established in 1945 to provide retirement, disability, and survivor benefits to public employees in the state.
  • In 2011, the Indiana General Assembly created the Indiana Public Retirement System (INPRS) to consolidate the management of PERF and other state pension funds.

Source of Capital

  • The fund's capital is sourced from contributions made by public employers and their employees throughout the State of Indiana.
  • It serves full-time state employees, including those in participating political subdivisions and public universities.

Major Events

  • The most significant restructuring occurred in 2011 when the Indiana General Assembly integrated the management of the Public Employees' Retirement Fund and the Indiana State Teachers' Retirement Fund under the newly created Indiana Public Retirement System (INPRS).

Allocation Strategy

  • No information available.

Sources

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