IP
LP profile
Industriens Pension
Pension fund · Founded 1993 · Copenhagen, Denmark
147
VC firms backed
$31B
AUM
~$1.6B
Allocated to VC (est. 5%)
01 · Background
Who Industriens Pension is.
- Historical Background
- Industriens Pension was established in 1992 as a result of a collective bargaining agreement in Denmark. The pension fund was founded by the Confederation of Danish Industries and the Central Organisation of Industrial Employees to manage the pension scheme for industrial workers.
- Source of Capital
- The firm's capital is sourced from the mandatory labor market pension scheme for industrial employees in Denmark. The fund is owned by its members, with the Central Organisation of Industrial Employees in Denmark holding a 65% stake and the Confederation of Danish Industries holding the remaining 35%.
- Allocation Strategy
- The fund invests a significant portion of its portfolio in unlisted assets, including infrastructure, private equity, and real estate. Geographically, the allocation strategy includes investments in Denmark, the rest of Europe, and North America. The fund's investment strategy is long-term, with a focus on creating stable returns for its members across different age groups.
02 · Fund commitments
The funds Industriens Pension backs.
Industriens Pension is a limited partner in 147 funds. 18 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
General Catalyst
#13 Power Law
DCVC
#28 Power Law
CRV
#49 Power Law
Spark Capital
#51 Power Law
Atlas Venture
#53 Power Law
TCV
#67 Power Law
Creandum
#70 Power Law
RRE Ventures
#93 Power Law
Accomplice
#110 Power Law
Mayfield
#134 Power Law
Foundation Capital
#155 Power Law
Northzone
#224 Power Law
CDH Investments
#320 Power Law
Heartcore Capital
#358 Power Law
InterWest Partners
#395 Power Law
Third Rock Ventures
#456 Power Law
Project A
#467 Power Law
21 Invest
Abris Capital Partners
Accent Equity Partners
Actis
Alchemy Partners
AnaCap
Ancala Partners
Antin Infrastructure Partners
Ascent Capital (India)
BlueRun Ventures
Colony Yangtze (Shanghai) Investment Management Consulting Co.,Ltd
Everstone
Helion Venture Partners
Investcorp
Keytone Ventures
KV Asia Capital
SB China Capital
SeedFund.in
03 · Allocation
How Industriens Pension’s fund book is spread.
The 147 funds Industriens Pension backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- Europe 6746%
- North America 6645%
- Rest of world 1410%
United States 65 · United Kingdom 28 · Denmark 10 · France 5
How established those managers are
Managers grouped by how many funds they have raised — across the 108 of 147 with a fund history on record.
Emerging funds · 47
Established funds · 61
18
1
15
2
14
3
11
4
17
5-6
16
7-9
10
10-14
7
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Industriens Pension by combined power-law score — Europe first, then the nearest worldwide.
🇸🇪
AP2
$44B AUM
52 VC funds backed
🇩🇰
ATP
$116B AUM
56 VC funds backed
🇬🇧
Hampshire Pension Fund
$9.0B AUM
48 VC funds backed
🏳️
Tennessee Consolidated Retirement System
$58B AUM
28 VC funds backed
🇺🇸
Bessemer Trust
$45B AUM
26 VC funds backed
🇺🇸
Lockheed Martin Master Retirement Trust
$24B AUM
37 VC funds backed
🇬🇧
West Midlands Pension Fund
$25B AUM
69 VC funds backed
🇫🇮
Keva
$70B AUM
68 VC funds backed