MB
LP profile
MIT Basic Retirement Plan
Pension fund · Founded 1926 · Cambridge, United States
66
VC firms backed
$3.0B
AUM
~$540M
Allocated to VC (est. 18%)
01 · Background
Who MIT Basic Retirement Plan is.
- Historical Background
- The MIT Basic Retirement Plan is a defined-benefit pension plan for eligible employees of the Massachusetts Institute of Technology. The plan's structure and provisions have evolved over time, with significant changes implemented for employees hired on or after July 2, 2012.
- Source of Capital
- The plan is fully funded by the Massachusetts Institute of Technology. As a defined-benefit plan, it provides a monthly lifetime income to retirees based on salary and years of service, with the university bearing the investment risk.
- Major Events
- In 1998, the retirement age for the Basic Plan was reduced to 62. A significant restructuring occurred in 2012, creating different plan provisions for employees hired on or after July 2 of that year.
02 · Fund commitments
The funds MIT Basic Retirement Plan backs.
MIT Basic Retirement Plan is a limited partner in 66 funds. 30 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Y Combinator
#1 Power Law
Sequoia Capital
#2 Power Law
Andreessen Horowitz
#5 Power Law
General Catalyst
#13 Power Law
Kleiner Perkins
#18 Power Law
Bain Capital Ventures
#44 Power Law
Battery Ventures
#54 Power Law
Matrix Partners
#58 Power Law
Creandum
#70 Power Law
Ribbit Capital
#79 Power Law
IVP
#84 Power Law
Greenoaks Capital Partners
#111 Power Law
ARCH Venture Partners
#124 Power Law
Qiming Venture Partners
#144 Power Law
Matrix Partners China
#163 Power Law
5Y Capital
#170 Power Law
Peak XV Partners
#207 Power Law
Z47
#443 Power Law
Edelweiss
HSG
Mosaic Ventures
Sprints
TR Capital
Vitruvian Partners
03 · Allocation
How MIT Basic Retirement Plan’s fund book is spread.
The 66 funds MIT Basic Retirement 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 5482%
- Rest of world 812%
- Europe 46%
United States 54 · China 3 · India 3 · United Kingdom 3
How established those managers are
Managers grouped by how many funds they have raised — across the 46 of 66 with a fund history on record.
Emerging funds · 14
Established funds · 32
7
1
3
2
4
3
8
4
7
5-6
9
7-9
2
10-14
6
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other pension funds in the Power Law LP ranking, closest to MIT Basic Retirement Plan by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
CalPERS
$502B AUM
312 VC funds backed
🇺🇸
HP Incorporated Master Trust
$13B AUM
58 VC funds backed
🇺🇸
UTIMCO
$66B AUM
140 VC funds backed
🇺🇸
SBC Master Pension Trust
$58B AUM
92 VC funds backed
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Retirement Plan of Duke University
$8.5B AUM
71 VC funds backed
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Liberty Mutual Retirement Benefit Plan
$100B AUM
59 VC funds backed
🇺🇸
University of California Board of Regents
$152B AUM
69 VC funds backed
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Operating Engineers Trust Fund of Washington D.C. and Vicinity
$1.5B AUM
52 VC funds backed