ML
LP profile
Minnesota Life Insurance Company
Corporate · Founded 1880 · Saint Paul, United States
32
VC firms backed
01 · Background
Who Minnesota Life Insurance Company is.
- Historical Background
- Minnesota Life Insurance Company was established in 1880 as the Banker's Association of Minnesota, becoming the first life insurance company in the state. In 1901, the company was restructured into a mutual life insurance company and adopted the name Minnesota Mutual Life Insurance Company.
- Source of Capital
- The company's capital is primarily derived from premiums paid by its customers for life insurance, annuities, and other financial products. It operates under a mutual holding company structure, with ownership held by its policyholders.
- Major Events
- In 1998, the company underwent a significant reorganization, forming a mutual insurance holding company and changing its name from Minnesota Mutual Life Insurance Company to its current name, Minnesota Life Insurance Company. The company now operates under the brand Securian Financial, which is the marketing name for the parent holding company, Minnesota Mutual Companies, Inc.
- Allocation Strategy
- The firm offers various investment options within its variable annuity and life insurance products, allowing clients to build portfolios based on their risk tolerance. These options include a range of asset allocation models, from conservative to aggressive, composed of stocks, bonds, and cash equivalents. For certain retirement portfolios, the company offers a "General Account" which provides a guaranteed fixed-income return.
02 · Fund commitments
The funds Minnesota Life Insurance Company backs.
Minnesota Life Insurance Company is a limited partner in 32 funds. 5 of them place in the Power Law Investor Ranking; those lead, best-ranked first.

CRV
#49 Power Law

Lerer Hippeau
#63 Power Law

Partech
#72 Power Law

Threshold Ventures
#115 Power Law

Maveron
#321 Power Law
Advanced Technology Ventures

Alta Berkeley Venture Partners

Amundi Alpha Associates

Angeleno Group

Apex Venture Partners

Aquiline Capital Partners
Baker Capital

Bison Capital Asset Management
CRG LP
Element Partners

EQT Group

SCALE Aviation

TVM Capital Life Science
03 · Allocation
How Minnesota Life Insurance Company’s fund book is spread.
The 32 funds Minnesota Life Insurance Company 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 2681%
- Europe 619%
United States 26 · France 1 · Germany 1 · Ireland 1
04 · Other LPs
Other LPs.
Other corporate and insurance LPs in the Power Law LP ranking, closest to Minnesota Life Insurance Company by combined power-law score — North America first, then the nearest worldwide.
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Private Equity Holding
$130M AUM
39 VC funds backed
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Stifel
9 VC funds backed
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Lehman Brothers
22 VC funds backed
🇫🇷
ODDO BHF
$130B AUM
24 VC funds backed
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Liberty Insurance Corporation
27 VC funds backed
🇺🇸
Cisco
13 VC funds backed
🇺🇸
Goldman Sachs
19 VC funds backed
🇺🇸
Kapor Center
18 VC funds backed