MS
LP profile
Memorial Sloan-Kettering Cancer Center Pension Plan
Pension fund · Founded 1959 · New York City, United States
24
VC firms backed
$5.6B
AUM
~$56M
Allocated to VC (est. 1%)
01 · Background
Who Memorial Sloan-Kettering Cancer Center Pension Plan is.
- Historical Background
- The Memorial Sloan Kettering Cancer Center Pension Plan is a defined benefit pension plan established to provide retirement income for the employees of the Memorial Sloan Kettering Cancer Center. While the associated Retirement Savings Plan has existed since 1947, the Pension Plan in its current form was established more recently.
- Source of Capital
- The plan's capital is sourced from contributions made by Memorial Sloan Kettering Cancer Center on behalf of its employees, as well as from investment returns on the plan's assets. It is a non-contributory plan for the basic pension benefit, meaning the hospital funds it without employee contributions for that portion.
- Major Events
- In July 2021, the U.S. Department of Labor proposed an exemption that would permit the pension plan to use a captive insurance company owned by the Memorial Sloan Kettering Cancer Center to reinsure annuity benefits, a practice known as "de-risking."
02 · Fund commitments
The funds Memorial Sloan-Kettering Cancer Center Pension Plan backs.
Memorial Sloan-Kettering Cancer Center Pension Plan is a limited partner in 24 funds. 7 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Accel
#4 Power Law
Andreessen Horowitz
#5 Power Law
New Enterprise Associates
#8 Power Law
Venrock
#56 Power Law
Greycroft Partners
#76 Power Law
OrbiMed
#98 Power Law
Legend Capital
#364 Power Law
Alsop Louie Partners
Crestline Investors
Deerfield
Elevation Capital
Escalate Capital Partners
Great Hill Partners
HarbourVest Partners
Joy Capital
Orchid Asia Group Management
03 · Allocation
How Memorial Sloan-Kettering Cancer Center Pension Plan’s fund book is spread.
The 24 funds Memorial Sloan-Kettering Cancer Center Pension Plan 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 2083%
- Rest of world 417%
United States 20 · China 2 · Hong Kong 1 · India 1
How established those managers are
Managers grouped by how many funds they have raised — across the 21 of 24 with a fund history on record.
Emerging funds · 6
Established funds · 15
3
1
1
2
2
3
4
7
5-6
3
7-9
2
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 Memorial Sloan-Kettering Cancer Center Pension Plan by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
Virginia Retirement System
$100B AUM
72 VC funds backed
🇺🇸
The Guardian Master Pension Plan Trust
29 VC funds backed
🇺🇸
Missouri Public School
$56B AUM
70 VC funds backed
🇺🇸
The Walt Disney Company Retirement Plan Master Trust
$28B AUM
10 VC funds backed
🇺🇸
Fire and Police Pension Association of Colorado
$7.0B AUM
77 VC funds backed
🇺🇸
Colorado PERA
$60B AUM
90 VC funds backed
🇺🇸
Teacher Retirement System of Texas
$198B AUM
41 VC funds backed
🇺🇸
U.F.C.W. Consolidated Pension Fund
$3.5B AUM
23 VC funds backed