LP profile

Indiana Public Employees' Defined Benefit Account

Pension fund · Founded 1945 · Indianapolis, United States

#153 LP Ranking #75 of 1,316 pension funds

37 VC firms backed

$44B AUM

~$880M Allocated to VC (est. 2%)

01 · Background

Who Indiana Public Employees' Defined Benefit Account is.

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).

Sources

02 · Fund commitments

The funds Indiana Public Employees' Defined Benefit Account backs.

Indiana Public Employees' Defined Benefit Account is a limited partner in 37 funds. 14 of them place in the Power Law Investor Ranking; those lead, best-ranked first.

New Enterprise Associates

ARCH Venture Partners

Forbion Capital Partners

Netherlands

03 · Allocation

How Indiana Public Employees' Defined Benefit Account’s fund book is spread.

The 37 funds Indiana Public Employees' Defined Benefit Account 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 3595%
Europe 13%
Rest of world 13%

United States 35 · Hong Kong 1 · Netherlands 1

How established those managers are

Managers grouped by how many funds they have raised — across the 24 of 37 with a fund history on record.

Emerging funds · 8

Established funds · 16

5 1

2 2

1 3

3 4

2 5-6

3 7-9

5 10-14

3 15+

Funds raised by the manager

04 · Other LPs

Other LPs.

Other pension funds in the Power Law LP ranking, closest to Indiana Public Employees' Defined Benefit Account by combined power-law score — North America first, then the nearest worldwide.

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West Midlands Pension Fund

LP rank #139 · United Kingdom

$25B AUM 69 VC funds backed

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Teacher Retirement System of Texas

LP rank #143 · United States

$198B AUM 41 VC funds backed

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U.F.C.W. Consolidated Pension Fund

LP rank #144 · United States

$3.5B AUM 23 VC funds backed