UM
LP profile
UPMC Master Trust
Pension fund · Pittsburgh, United States
35
VC firms backed
01 · Background
Who UPMC Master Trust is.
- Historical Background
- The UPMC Master Trust is the pension plan for the employees of the University of Pittsburgh Medical Center (UPMC), which traces its origins to the opening of Presbyterian Hospital in 1893. The Obligated Group under the 2007 Master Trust Indenture consists of the Parent Corporation, UPMC Presbyterian Shadyside Hospital, UPMC Magee Women's Hospital, UPMC Passavant and UPMC St. Margaret.
- Source of Capital
- The UPMC Master Trust is a single-employer corporate pension plan. Capital is sourced from contributions made by UPMC and its employees to provide retirement, health, and wellness benefits for eligible employees and their families.
Sources
02 · Fund commitments
The funds UPMC Master Trust backs.
UPMC Master Trust is a limited partner in 35 funds. 14 of them place in the Power Law Investor Ranking; those lead, best-ranked first.

Sequoia Capital
#2 Power Law

New Enterprise Associates
#8 Power Law

Insight Partners
#23 Power Law

Bain Capital Ventures
#44 Power Law

Notable Capital
#61 Power Law

Greycroft Partners
#76 Power Law

OrbiMed
#98 Power Law

Qiming Venture Partners
#144 Power Law

Greenspring Associates
#197 Power Law

Peak XV Partners
#207 Power Law

Warburg Pincus
#233 Power Law

Bain Capital
#239 Power Law

U.S. Venture Partners
#342 Power Law

Luminous Ventures
#371 Power Law

1315 Capital

CID Group

Credit Suisse

Eminence Ventures

HSG

LYFE Capital

New Horizon Capital

Unicorn Capital Partners
03 · Allocation
How UPMC Master Trust’s fund book is spread.
The 35 funds UPMC 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 2571%
- Rest of world 926%
- Europe 13%
United States 25 · China 4 · Hong Kong 3 · India 1
How established those managers are
Managers grouped by how many funds they have raised — across the 25 of 35 with a fund history on record.
Emerging funds · 7
Established funds · 18
2
1
2
2
3
3
4
4
4
5-6
2
7-9
6
10-14
2
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other pension funds in the Power Law LP ranking, closest to UPMC Master Trust by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
Massachusetts Institute of Technology Retiree Welfare Benefit Plan
$1.0B AUM
26 VC funds backed
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HP Deferred Profit-Sharing Plan
$463M AUM
26 VC funds backed
🇺🇸
Agilent Technologies Deferred Profit-Sharing Plan
$141M AUM
24 VC funds backed
🇺🇸
HP Pension Plan
$5.2B AUM
23 VC funds backed
🇺🇸
Arkansas Teacher Retirement System
$23B AUM
50 VC funds backed
🇺🇸
Sidley Austin Master Pension Trust
$1.1B AUM
43 VC funds backed
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National Automatic Sprinkler Industry Pension Fund
$1.7B AUM
57 VC funds backed
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STRS Ohio
$95B AUM
106 VC funds backed