3M Employee Retirement Income Plan
Corporate pension plan St. Paul, MN Still adding venture funds
3M Employee Retirement Income Plan reports 7 venture funds, $115M in all.
Holdings are from its Form 5500 for the plan year ending December 31, 2024. That is more than a year ago: it may have added or sold funds since. “Still adding venture funds”: its newest venture fund is a 2022 vintage, within 3 years of 2024.
The numbers
| Vintage | Venture funds |
|---|---|
| 2014 | 1 |
| 2015 | 2 |
| 2016 | 0 |
| 2017 | 0 |
| 2018 | 0 |
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 1 |
Updates from 3M Employee Retirement Income Plan
All of 3M Employee Retirement Income Plan’s updates on Hottub VC
Largest venture holdings
From its Form 5500 for the plan year ending December 31, 2024.
| Fund, as reported | Manager | Vintage | Current value |
|---|---|---|---|
| DBL PARTNERS III LP | DBL Partners | 2014 | $71M |
| FRAZIER LIFE SCIENCES XI LP | Frazier Life Sciences Management, LP | 2022 | $11M |
| FRAZIER LIFE SCIENCES VIII LP | Frazier Life Sciences Management, LP | 2015 | $10M |
| SPLIT ROCK PARTNERS II LP Emerging manager | Split Rock Partners, LLC | — | $9.8M |
| FRAZIER HEALTHCARE GROWTH BUYOUT VIII Emerging manager | Frazier Group Management, LLC | 2015 | $9.3M |
In the app: 2 more venture funds, 4 funds of funds. Open 3M Employee Retirement Income Plan in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
- The Bush Foundation
- Minnesota State Board of Investment
- Northwest Area Foundation
- The Mcneely Foundation
- Pohlad Family Foundation
- Mortenson Family Foundation
- Smikis Foundation
- George Family Foundation
31 LPs within 100 miles in all: see them on the map.
About this data
Partnership interests as this plan lists them on the schedule of assets attached to its Form 5500. Amounts are each holding’s current value at the plan year end, not commitments or returns. As of December 31, 2024. Source: US Department of Labor, Form 5500 filings (EFAST2 public disclosure). Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.