LP profile · Pension fund
Iowa Public Employees' Retirement System
Iowa Public Employees' Retirement System is a pension fund headquartered in United States (North America). Ranked #141 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- The Iowa Legislature established the Iowa Public Employees' Retirement System (IPERS) in 1953.
- It was created to replace the Iowa Old Age and Survivor’s Insurance System (IOASI) and provide a retirement plan for public service workers.
Source of Capital
- IPERS is a defined benefit pension plan funded by contributions from public employees and employers across the state of Iowa.
- The system's capital is derived from these contributions along with the investment returns generated on those assets.
Major Events
- No information available.
Allocation Strategy
- IPERS allocates capital across a diversified range of asset classes, including public equities, private equity, credit, real assets, and fixed income.
- The fund has a long-term target allocation of 13% to private equity and 8% to private credit.
- Geographically, the portfolio has a significant focus on U.S. markets, with a target of 77.5% allocated to domestic assets.