Investors (LPs)
What is Pension Fund?
A pension fund manages retirement savings on behalf of workers, investing contributions to meet future payouts. Public and private pension funds are the largest single source of capital for private markets.
A pension fund pools and invests retirement contributions to fund members’ future benefits. To meet long-dated liabilities, many pensions allocate meaningfully to private equity, private credit, real estate, and infrastructure — making them cornerstone LPs.
Public pension funds in particular are often the anchor investors that allow new funds to reach a first close.