# Institutional LPs (2026 list) > 2,743 institutional LPs, 1% active in the last 12 months. Led by Gates Foundation, Peery Foundation, Caisse de Depot et Placement du Quebec. Source: https://millionrounds.com/lists/institutional-lps (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Institutional LPs Updated 31 October 2026 Institutional LPs, ordered by what we have observed them do. Type is read from the firm's own website wherever we could reach it. [See all 2,743 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finstitutional-lps)The top 25 **2,743** investors on the list No change this week **44** cheques in 12 months Too few cheques to tell **$19M** median round they joined *+134%* against the market median **1%** wrote a cheque in 12 months **1%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (11) - 1 [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) *Deploying now* Institutional LP · United States **60** **$21M** median round **Oct 2026** last seen - 2 [Peery Foundation](https://millionrounds.com/fund/peery-foundation) quiet Institutional LP · United States **34** **$100K** median round **Jul 2014** last seen - 3 [Caisse de Depot et Placement du Quebec](https://millionrounds.com/fund/caisse-de-depot-et-placement-du-quebec) quiet Institutional LP · Canada **17** **$20M** median round **Feb 2018** last seen - 4 [GF Private Equity Group](https://millionrounds.com/fund/gf-private-equity-group) quiet Institutional LP · United States **17** **$10M** median round **Jul 2012** last seen - 5 [John S and James L Knight Foundation](https://millionrounds.com/fund/john-s-and-james-l-knight-foundation) quiet Institutional LP · United States **13** **$1M** median round **Nov 2015** last seen - 6 [Michael & Susan Dell Foundation](https://millionrounds.com/fund/michael-and-susan-dell-foundation) *Deploying now* Institutional LP · United States **11** **$4.3M** median round **Oct 2026** last seen - 7 [Khazanah Nasional](https://millionrounds.com/fund/khazanah-impact-innovation-challenge) *Deploying now* Institutional LP · Malaysia **10** **$73M** median round **Dec 2025** last seen - 8 [Royal Bank of Scotland Group](https://millionrounds.com/fund/royal-bank-of-scotland-group) quiet Institutional LP · United Kingdom **9** **$11M** median round **Jan 2019** last seen - 9 [LD Pensions](https://millionrounds.com/fund/ld-pensions) quiet Institutional LP · Denmark **9** **$15M** median round **Apr 2014** last seen - 10 [Ontario Municipal Employees Retirement System](https://millionrounds.com/fund/omers) *Deploying now* Institutional LP · Canada **7** **$40M** median round **May 2026** last seen - 11 [Varma Mutual Pension Insurance Company](https://millionrounds.com/fund/varma) *Deploying now* Institutional LP · Finland **7** **$64M** median round **Sept 2026** last seen - 12 [Peierls Foundation](https://millionrounds.com/fund/peierls-foundation) quiet Institutional LP **6** **$48M** median round **May 2019** last seen - 13 [Alaska Permanent Fund Corporation](https://millionrounds.com/fund/alaska-permanent-fund-corporation) quiet Institutional LP · United States **5** **$100M** median round **Sept 2018** last seen - 14 [Ireland Strategic Investment Fund](https://millionrounds.com/fund/ireland-strategic-investment-fund) *Deploying now* Institutional LP · Ireland **5** **$57M** median round **Oct 2026** last seen - 15 [Public Sector Pension Investment Board (PSP Investments)](https://millionrounds.com/fund/public-sector-pension-investment-board-psp-investments) quiet Institutional LP · Canada **5** **$261M** median round **Aug 2025** last seen - 16 [Colorado PERA](https://millionrounds.com/fund/colorado-pera) quiet Institutional LP · United States **4** **$35M** median round **Jul 2007** last seen - 17 [EquiTrust](https://millionrounds.com/fund/equitrust) quiet Institutional LP · United States **3** **$7M** median round **Apr 2019** last seen - 18 [HESTA](https://millionrounds.com/fund/hesta) *Deploying now* Institutional LP · Australia **3** **$27M** median round **Jan 2026** last seen - 19 [The University of Chicago](https://millionrounds.com/fund/the-university-of-chicago) quiet Institutional LP **3** **$6M** median round **Nov 2019** last seen - 20 [Astera Institute](https://millionrounds.com/fund/astera-institute) *Deploying now* Institutional LP **2** **$88M** median round **Dec 2025** last seen - 21 [AustralianSuper](https://millionrounds.com/fund/australiansuper) *Deploying now* Institutional LP · Australia **2** **$1B** median round **Aug 2026** last seen - 22 [Brighter Super](https://millionrounds.com/fund/brighter-super) *Deploying now* Institutional LP · Australia **2** **$111M** median round **Mar 2026** last seen - 23 [California Public Employees' Retirement System (CalPERS)](https://millionrounds.com/fund/california-public-employees) quiet Institutional LP · United States **2** **$450M** median round **Oct 2025** last seen - 24 [Columbia University](https://millionrounds.com/fund/columbia-university) *Deploying now* Institutional LP · United States **2** **$130M** median round **Jan 2026** last seen - 25 [Cornell University](https://millionrounds.com/fund/cornell-university) quiet Institutional LP · United States **2** **$1.3M** median round **Jan 2019** last seen **2,718 more on this list** Login free to see all 2,743, filter by stage, sector and market, and keep the ones that fit. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finstitutional-lps) ## The Newest Cheques Rounds this list's investors joined most recently - **29** Oct **[Kenya](https://millionrounds.com/company/kenya)** Grant · $2.1M *With* [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) - **27** Oct **[Cameroon](https://millionrounds.com/company/cameroon)** Grant · $97M *Led by* [Green Climate Fund](https://millionrounds.com/fund/green-climate-fund-2) - **25** Oct **[Summix Capital](https://millionrounds.com/company/summix-capital)** $32M *With* [Ireland Strategic Investment Fund](https://millionrounds.com/fund/ireland-strategic-investment-fund) - **21** Oct **[TruAgents](https://millionrounds.com/company/truagents)** Seed · $3.4M *With* [Unum](https://millionrounds.com/fund/unum) - **19** Oct **[PSV Tech](https://millionrounds.com/company/psv-tech)** Pre-seed · $63M *With* [ATP (Arbejdsmarkedets Tillægspension)](https://millionrounds.com/fund/atp) - **13** Oct **[GreenCell Mobility](https://millionrounds.com/company/greencell-mobility)** Growth · $35M *With* [PenSam](https://millionrounds.com/fund/pensam) ## Stages This Year 34 rounds - Other **21%** - Series B **15%** - Series C **15%** - Growth **12%** - Series A **12%** - Other **26%** ## What They Backed Sectors, last 12 months - AI **11** - Climate Tech **5** - Agtech **5** - Fintech **4** - Cleantech **4** - Biotech **3** ## Cheques by Quarter Led Joined 5 Q1 25 1 Q2 25 6 Q3 25 8 Q4 25 11 Q1 26 8 Q2 26 5 Q3 26 14 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms 63,606](https://millionrounds.com/lists/vc-firms) - [PE firms 29,207](https://millionrounds.com/lists/pe-firms) - [Solo angels 6,513](https://millionrounds.com/lists/solo-angels) - [Family offices 6,262](https://millionrounds.com/lists/family-offices) - [Corporate VCs 5,452](https://millionrounds.com/lists/corporate-vcs) - [Growth equity firms 3,793](https://millionrounds.com/lists/growth-equity-firms) - [Incubators and accelerators 3,524](https://millionrounds.com/lists/incubators-accelerators) - [Startup studios 2,384](https://millionrounds.com/lists/startup-studios) - [Angel groups 1,972](https://millionrounds.com/lists/angel-groups) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about institutional LPs ### Who are the most active institutional LPs? By cheques observed, the most active are Gates Foundation, Peery Foundation, Caisse de Depot et Placement du Quebec, GF Private Equity Group and John S and James L Knight Foundation. ### How many institutional LPs are there? 2,743 are on record. 1% made an investment in the last 12 months and 1% have led a round. ### Which stages do institutional LPs back? Of the rounds with a named stage in the last 12 months, mostly Series B (19%) and Series C (19%). ### How big are the rounds institutional LPs join? The typical (median) round among the leading investors here is $35M. ### Which sectors do institutional LPs back most? In the last 12 months, mostly AI, Climate Tech and Agtech. ### Which institutional LPs lead the most rounds? Gates Foundation (2 led), Khazanah Nasional (2 led) and Caisse de Depot et Placement du Quebec (1 led). ### Where are institutional LPs based? Among the most active, most are based in the United States (11), Canada (3) and Australia (3). ### What have institutional LPs invested in recently? Recent rounds include Kenya (Grant, Oct 2026, with Gates Foundation), Cameroon (Grant, Oct 2026, with Green Climate Fund) and Summix Capital (Oct 2026, with Ireland Strategic Investment Fund). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)