The Teknor Apex Company Retirement Plan

Fiduciary oversight rests with trustees Jonathan Fain and Bertram Lederer, both long-tenured directors of parent company Teknor Apex. Jonathan Fain serves as Chairman and previously led the company as CEO. Chief Innovation Officer Mike Roberts participates in investment committee work, bridging the plan's venture commitments with the parent company's technology-monitoring function.

The plan is the defined-benefit (D.B.) retirement vehicle for employees of Teknor Apex and its subsidiary Truex Incorporated. It is not a separate legal entity marketing to outside investors — it exists solely as the sponsor's retirement liability management structure, with fiduciaries drawn from Teknor Apex's own board and executive team.

Public filings indicate a preference for generalist venture capital commitments — funds that invest across sectors and stages rather than narrowly thematic vehicles. The plan has historically appeared on LP rolls for both early-stage and growth-equity funds, though it does not publicly release the names of its GP relationships or specific commitment sizes.

The plan's public investment activity is limited to fund commitments as a traditional limited partner. There is no evidence of direct co-investments, SPVs, or secondary-market acquisitions. The architecture is a manager-selection model, consistent with a corporate pension operating under ERISA constraints.

Cambridge Associates provides institutional investment consulting and manager research. Plan fiduciaries participate in the Cambridge Associates Investment Leaders Exchange, a forum for high-level portfolio-construction discussions among asset owners — suggesting an advisory relationship that shapes the plan's venture-manager selection and asset-class pacing.