# Advance Pension Plan

Advance Pension Plan is a Pension Fund based in New York, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Assets under management:** Undisclosed
- **LinkedIn:** https://www.linkedin.com/company/advancedpension

## Regulatory record

- **Reports private funds:** No

## About

Advance Pension Plan offers defined benefit pension services to eligible employees in the biotech and life science sectors. It provides pension benefits to employees of private equity-backed companies in these industries.

## Sectors

- Media & Entertainment
- Real Estate
- Private Credit
- Hedge Funds
- Secondaries & Special Situations

## People

- Bei Saville — Chief Investment Officer
- Newhouse Family — Founder

## Questions

### Who runs investment decisions at Advance Pension Plan?

Bei Saville serves as Chief Investment Officer for Treasury and the Fingerboard Family Office, overseeing the pension plan's assets. She reports through the family office structure rather than an independent corporate board. Her mandate covers the plan's global alternative investment portfolio and direct real estate holdings.

### What does the plan's real estate portfolio include?

Known holdings include office space at One World Trade Center in Manhattan, where Condé Nast is the anchor tenant, and 950 Fingerboard Road on Staten Island. The plan also holds a global alternative investment portfolio spanning private credit, hedge funds, and secondaries.

### How does the Newhouse family's media ownership influence the plan's investments?

The family's control of Advance Publications — which owns Condé Nast, American City Business Journals, and newspapers — creates deep relationships with media-sector investors like John Malone. These connections have led to co-investment in Charter Communications and Warner Bros. Discovery, giving the pension plan access to deals alongside major industry players.

### Does Advance Pension Plan disclose its total assets?

No. As a private-sector plan embedded in a family office, it does not publicly report asset values. Its size remains undisclosed, and no third-party data vendor has published a reliable estimate. The family's net worth and the pension's liabilities are not publicly broken out.

## Related profiles

- [Adval Brand Group](https://altss.com/profile/adval-brand-group)
- [Advantage Investment Management](https://altss.com/profile/advantage-investment-management)

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Last updated: 2026-06-03T20:00:00.000Z

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