# Idaho National Laboratory Employee Retirement Plan

Idaho National Laboratory Employee Retirement Plan is a Pension Fund based in Idaho Falls, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Idaho Falls, United States
- **Region:** North America
- **Address:** 1955 North Fremont Avenue, Idaho Falls, ID 83415, United States
- **Founded:** 1971
- **Assets under management:** 1812 (Altss estimate)
- **Website:** inl.gov

## Regulatory record

- **Reports private funds:** No

## About

The plan was established in 1971. It operates as a defined benefit vehicle sponsored by Battelle Energy Alliance LLC. Contributions are reimbursed through the U.S. Department of Energy. The plan allocates 2.87 percent to private equity and holds positions in Seventh Cinven Fund LP, Thoma Bravo Fund XIII, Hellman & Friedman Capital Partners IX, and KKR Omega Co-Invest. It also maintains exposure to real estate through BlackRock Developed Real Estate Index Fund E and Principal U.S. Property Fund. Geographic reach centers on the United States with additional commitments to European and global vehicles. Northern Trust Company acts as trustee. Vanguard provides investment advisory and recordkeeping services. GCM Grosvenor has served as private equity advisor since 2012. The plan participates in the National University Consortium and the Department of Energy Technology Transfer Working Group. Governance ties the plan directly to the laboratory's management contractor and federal oversight. No independent investment committee or external CIO is disclosed.

## Sectors

- Energy & Utilities
- Infrastructure

## People

- David Searle — Plan Administrator

## Questions

### Who runs investment decisions at the Idaho National Laboratory Employee Retirement Plan?

David Searle serves as plan administrator. Day-to-day investment oversight is handled through external advisors including GCM Grosvenor for private equity and Vanguard for public markets.

### Does the plan participate in fund commitments or only direct deals?

The plan commits to private equity funds including Seventh Cinven Fund LP and Thoma Bravo Fund XIII. It also holds co-investment exposure through KKR Omega Co-Invest and Ulysses Co-Investment Partners.

### What is the plan's known posture on co-investments alongside external GPs?

The plan holds several co-investment positions including KKR Omega Co-Invest and Ulysses Co-Investment Partners. These sit alongside primary fund commitments.

### Where does the underlying funding come from?

The U.S. Department of Energy reimburses pension contributions as part of laboratory operating costs. Battelle Energy Alliance LLC serves as the plan sponsor and manager.

### How is the plan related to Battelle Energy Alliance?

Battelle Energy Alliance LLC is the plan sponsor and the management and operations contractor for Idaho National Laboratory. The plan provides benefits to employees of the laboratory and participating contractors.

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- [Doyenne Wealth Advisors](https://altss.com/profile/doyenne-wealth-advisors)
- [Aetos Alternatives Management](https://altss.com/profile/aetos-alternatives-management)

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

Canonical page: https://altss.com/profile/idaho-national-laboratory-employee-retirement-plan

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