The Institutional Limited Partners Association (ILPA) engages, empowers and connects limited partners (LPs) to maximize their performance on an individual, institutional and collective basis. LPs serve as trusted financial stewards who direct critical capital into private equity investments on behalf of their beneficiaries which include retirees, teachers, firefighters, police officers, universities, charities, and insurance policyholders. With approximately 450 member institutions representing more than US$1 trillion of private equity assets under management (AUM), ILPA is the only global organization dedicated exclusively to advancing the interests of LPs and their beneficiaries through best-in-class education, research, advocacy and events.
From its origins as an informal networking club comprising a few dozen LPs, ILPA has grown its membership to more than 4,000 professionals today across 50+ countries, managing 50% of the global institutional private equity AUM. Members represent all investor categories of small and large institutions including public pensions, corporate pensions, endowments, foundations, family offices, insurance and investment companies, development financial institutions and sovereign wealth funds.
ILPA is a member-driven organization, and has continued to enjoy global growth both in terms of number of members and diversity of membership. Today, approximately 60% of the membership is US-based; 40% of members reside in Europe, Canada and throughout the rest of the world. Limited partner type is represented by public pension funds, endowments and foundations, private pension funds, family offices, insurance companies and other institutional investors. With a 97% retention rate, ILPA delivers value to its membership through four pillars of activity: Events, Industry Affairs, Education, and Research and Content.
With a distinctive, worldwide community of institutional investor members, ILPA provides a platform for the organization’s 4500+ professionals to engage more deeply with their global peers. From annual flagship events including the ILPA Summit, Members’ Conference, and European Forum to local forums held around the world, ILPA delivers compelling content on the most pressing matters of the day while helping members build their professional networks.
Helping members advance their educational and professional development has been central to the mission of ILPA since its founding. The cornerstone of the Education platform is the ILPA Institute, a world-class program that has been educating and empowering limited partners in outstanding fashion for nearly a decade. The comprehensive curriculum, designed by LPs for LPs, is led by seasoned academics, professionals and practitioners with deep subject matter expertise and a passion for private equity education.
From roundtables with leading GPs to dialogue with decision-makers in national centers of governance, ILPA articulates and amplifies the voice of its members in global discussions on transparency, governance and alignment of interests between general and limited partners. ILPA advocates for LPs, to ensure that their perspective and that of their beneficiaries are considered in policy making circles as well as in industry practices.
ILPA seeks to empower its membership through access to data, research and tools, often developed exclusively for the organization’s professionals. Through strong relationships with well-respected private equity industry players, ILPA delivers highly-valued, private benchmarking data on industry performance as well as complimentary or discounted third party access to platforms that provide, for example, custom analytics or industry risk calculations.