# AstraZeneca US

AstraZeneca US is a Pension Fund based in Wilmington, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Wilmington, United States
- **Region:** North America
- **Address:** 1800 Concord Pike, Wilmington, DE 19850, United States
- **Assets under management:** 835 (Altss estimate)
- **Website:** www.astrazeneca-us.com
- **LinkedIn:** https://www.linkedin.com/company/astrazeneca

## Regulatory record

- **Reports private funds:** No

## About

AstraZeneca Trust for Defined Benefit Pension Plans operates as the qualified plan for US employees of the global biopharmaceutical company. It supplies retirement, death and disability coverage from its Wilmington base. The plan allocates 24 percent to private equity alongside public equities, fixed income and real assets. Geographic reach centers on North America with manufacturing exposure in Virginia, Maryland and Texas. Assets total $835 million. The plan uses WTW and BlackRock as external managers. No recent operational events specific to the pension vehicle appear in available records. Corporate ownership by AstraZeneca PLC supplies the structural link that separates plan governance from the parent operating company.

## Sectors

- Healthcare
- Biotechnology

## People

- Pascal Soriot — Global CEO and Executive Director
- Rick R. Suarez — Senior Vice President, US President and Head of the US BioPharmaceuticals Business Unit

## Questions

### Who runs investment decisions at AstraZeneca US?

Global leadership under Pascal Soriot sets overall direction while external managers including BlackRock and WTW execute day-to-day portfolio decisions for the pension plan.

### Does AstraZeneca US participate in fund commitments or only direct deals?

The plan commits to private equity funds and holds direct real estate assets such as the North Campus leaseback and multiple manufacturing facilities.

### What investment stages does AstraZeneca US typically target?

The plan targets a balanced mix that includes early-stage venture through MedImmune Ventures alongside later-stage and buyout private equity exposure.

### How is AstraZeneca US related to AstraZeneca PLC?

The Wilmington plan is a wholly owned subsidiary pension vehicle of the UK-listed parent company AstraZeneca PLC.

### What is AstraZeneca US known posture on co-investments alongside external GPs?

The plan has executed co-investments through its MedImmune Ventures arm in biotechnology companies including Ardea Biosciences.

## Related profiles

- [VEBA for Retirees of Kaiser Aluminum](https://altss.com/profile/veba-for-retirees-of-kaiser-aluminum)
- [Richmond Retirement System](https://altss.com/profile/richmond-retirement-system)

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

Canonical page: https://altss.com/profile/astrazeneca-us

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology