Established in 1980, LD Pensions manages retirement funds for individuals and pension institutions. With assets of about EUR 8,010m, the fund has seen an average annual return of 10.8% since 1980. In 2004, LD Pensions was authorized to manage capital for other pension institutions. The fund pays out a lump sum upon retirement or when a member turns 60. LD Pensions has paid out funds in 1.5m accounts, with 1m accounts remaining. The fund primarily invests in rounds with 4-5 participants and has a preference for startups in the medical and biotechnology industries. LD Pensions is located in Aalborg, Denmark and is managed by a seven-member board of directors.