Pension Fund

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PPL Corp. Pension Plan

PPL Corp. Pension Plan was established to provide retirement benefits for employees of PPL Services Corporation. The plan sponsor relationship defines its...

PPL Corp. Pension Plan logo

PPL Corp. Pension Plan

PPL Corp. Pension Plan was established to provide retirement benefits for employees of PPL Services Corporation. The plan sponsor relationship defines its mandate and funding obligations. The plan allocates across core U.S. real estate, a fund of hedge funds portfolio, and private credit partnerships. Confirmed limited partner positions include The Westly Group, Activate Venture Partners, HarbourVest Partners, and StepStone Group. Geographic exposure centers on the United States with additional holdings noted in prior public filings. Assets total $1.458 billion. BNY Mellon serves as trustee and custodian. Abbott Capital Management and Acadian Asset Management provide advisory and management services. The PPL Foundation and LG&E and KU Foundation operate as separate philanthropic vehicles. The plan operates as a corporate pension vehicle sponsored directly by PPL Services Corporation with no independent investment staff disclosed.

General information

Firm type

Pension Fund

Location

Region

North America

Country

United States

City

Allentown

Corporate office

2 North Ninth Street, Allentown, PA, United States

Sector focus

Diversified

Frequently asked questions

Who sponsors the PPL Corp. Pension Plan?

PPL Services Corporation sponsors the plan and serves as the primary employer entity.

What asset classes appear in the plan's portfolio?

The plan holds positions in core U.S. real estate, hedge fund strategies, and private credit partnerships.

Which external managers does the plan use?

BNY Mellon acts as trustee and custodian. Abbott Capital Management and Acadian Asset Management provide investment advisory and management services.

Does the plan invest in venture capital or private equity vehicles?

The plan maintains limited partner positions in The Westly Group, Activate Venture Partners, HarbourVest Partners, and StepStone Group.

How are the plan's philanthropic activities structured?

The PPL Foundation and LG&E and KU Foundation operate separately from the pension plan and focus on education and community grants.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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