ME
LP profile
MGB Erisa Master Trust
Pension fund · Founded 1994 · Somerville, United States
49
VC firms backed
$3.8B
AUM
~$38M
Allocated to VC (est. 1%)
01 · Background
Who MGB Erisa Master Trust is.
- Historical Background
- MGB Erisa Master Trust was established in 1994 to provide retirement benefits to the employees of Mass General Brigham. The trust is a corporate pension plan.
- Source of Capital
- The trust's capital is sourced from the pension plan for the employees of Mass General Brigham, a not-for-profit health care system.
- Major Events
- A lawsuit was filed by former 403(b) retirement plan participants alleging ERISA violations, which a federal judge has allowed to proceed.
- Allocation Strategy
- The assets of the pension plan are managed by the Mass General Brigham Investment Office.
02 · Fund commitments
The funds MGB Erisa Master Trust backs.
MGB Erisa Master Trust is a limited partner in 49 funds. 22 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
General Catalyst
#13 Power Law
Thrive Capital
#34 Power Law
Bain Capital Ventures
#44 Power Law
CRV
#49 Power Law
Matrix Partners
#58 Power Law
Nexus Venture Partners
#114 Power Law
QED Investors
#123 Power Law
ARCH Venture Partners
#124 Power Law
Qiming Venture Partners
#144 Power Law
Matrix Partners China
#163 Power Law
Peak XV Partners
#207 Power Law
Bain Capital
#239 Power Law
Z47
#443 Power Law
Audax Private Equity
HSG
INCE Capital
Lilly Asia Ventures
Nextech Invest
Tybourne Capital Management
Vitruvian Partners
03 · Allocation
How MGB Erisa Master Trust’s fund book is spread.
The 49 funds MGB Erisa Master 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 3878%
- Rest of world 816%
- Europe 36%
United States 38 · China 4 · Hong Kong 2 · India 2
How established those managers are
Managers grouped by how many funds they have raised — across the 34 of 49 with a fund history on record.
Emerging funds · 11
Established funds · 23
3
1
4
2
4
3
5
4
3
5-6
7
7-9
3
10-14
5
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other pension funds in the Power Law LP ranking, closest to MGB Erisa Master Trust by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
Retirement Plan of Duke University
$8.5B AUM
71 VC funds backed
🇺🇸
Liberty Mutual Retirement Benefit Plan
$100B AUM
59 VC funds backed
🇺🇸
University of California Board of Regents
$152B AUM
69 VC funds backed
🇺🇸
The Pension Benefit Guaranty Corporation (PBGC)
$123B AUM
105 VC funds backed
🇺🇸
Lucent Technologies Master Pension Trust
$13B AUM
52 VC funds backed
🇺🇸
Bell Atlantic Master Trust
$8.0B AUM
55 VC funds backed
🇺🇸
Nevada Public Employees Retirement System
$53B AUM
61 VC funds backed
🇺🇸
LACERA
$73B AUM
131 VC funds backed