LT
LP profile
Lucent Technologies Master Pension Trust
Pension fund · Founded 1996 · New Providence, United States
57
VC firms backed
$13B
AUM
~$130M
Allocated to VC (est. 1%)
01 · Background
Who Lucent Technologies Master Pension Trust is.
- Historical Background
- The Lucent Technologies Master Pension Trust was established to manage the pension funds for the employees of Lucent Technologies. Following the merger of Lucent Technologies and Alcatel in 2006, the trust continued to manage pension obligations for employees and retirees of the combined entity, which later became part of Nokia.
- Source of Capital
- The trust's capital is derived from the pension funds of Lucent Technologies employees and retirees. It operates as a single-employer corporate pension plan.
- Major Events
- The most significant event impacting the trust was the 2006 merger of Lucent Technologies with French telecommunications company Alcatel, creating Alcatel-Lucent. This expanded the pool of beneficiaries and altered the corporate governance structure overseeing the pension plan.
02 · Fund commitments
The funds Lucent Technologies Master Pension Trust backs.
Lucent Technologies Master Pension Trust is a limited partner in 57 funds. 21 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Sequoia Capital
#2 Power Law
Accel
#4 Power Law
Andreessen Horowitz
#5 Power Law
New Enterprise Associates
#8 Power Law
Kleiner Perkins
#18 Power Law
Insight Partners
#23 Power Law
Redpoint
#42 Power Law
Bain Capital Ventures
#44 Power Law
CRV
#49 Power Law
Partech
#72 Power Law
Meritech Capital
#107 Power Law
Mayfield
#134 Power Law
Polaris Partners
#181 Power Law
Advent Venture Partners
Doughty Hanson Technology Ventures
Maven Capital Partners
MTI Partners
Sofinnova Partners
03 · Allocation
How Lucent Technologies Master Pension Trust’s fund book is spread.
The 57 funds Lucent Technologies Master Pension Trust 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 5189%
- Europe 611%
United States 51 · United Kingdom 4 · France 2
How established those managers are
Managers grouped by how many funds they have raised — across the 29 of 57 with a fund history on record.
Emerging funds · 6
Established funds · 23
3
1
3
2
3
1
4
3
5-6
7
7-9
5
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 Lucent Technologies Master Pension Trust by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
MIT Basic Retirement Plan
$3.0B AUM
60 VC funds backed
🇺🇸
SBC Master Pension Trust
$58B AUM
92 VC funds backed
🇺🇸
Retirement Plan of Duke University
$8.5B AUM
71 VC funds backed
🇺🇸
University of California Board of Regents
$152B AUM
69 VC funds backed
🇺🇸
Operating Engineers Trust Fund of Washington D.C. and Vicinity
$1.5B AUM
52 VC funds backed
🇺🇸
The Pension Benefit Guaranty Corporation (PBGC)
$123B AUM
105 VC funds backed
🇺🇸
Bell Atlantic Master Trust
$8.0B AUM
55 VC funds backed
🇺🇸
MGB Erisa Master Trust
$3.8B AUM
46 VC funds backed