DFX Intelligence
Allocator Intelligence
The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.
Corporate pension
University of Pennsylvania Health Sysytem Pension Plan
Corporate pensionBala Cynwyd, PA
Assets
$2.8B
Total assets, Jun 30, 2025 reported
Funded
97.3%
Jul 1, 2024
Private markets target
n/a
policy Jun 30, 2025
Commitments
0
none on the tape
Plan sponsor: Trustees of the University of Pennsylvania
Allocation policy
Form 5500, as of Jun 30, 2025
Actual allocation lines without a target (as filed)
- Master trust investment accounts 98.7%
Consultants and advisers
1 firms
- Mercer Actuarythrough Jun 30, 2023 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
No manager relationship is on the tape for this allocator.
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
32 readings
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Jun 30, 2025 | 23,620 | $2.8B | $2.9B | 97.3% | $2.8B | n/a | $2.8B | n/a |
| 2023 to Jun 30, 2024 | 23,822 | $2.9B | $2.8B | 106.7% | $2.8B | n/a | $2.7B | n/a |
| 2022 to Jun 30, 2023 | 15,252 | $2.2B | $1.8B | 113.8% | $2.9B | n/a | $2.9B | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Uphs Rap Pool Sched. D M $2.1B PY2024
- U of P Mstr Trst- Fix Inc Pool Sched. D M $668M PY2024
- U of P Mstr Trst- Upenn Term Loan Sched. D M $29.8M PY2024
- Mercer codes 11 PY2024
- Uphs Rap Pool Sched. D M $2.1B PY2023
- U of P Mstr Trst- Fix Inc Pool Sched. D M $615M PY2023
- U of P Mstr Trst- Upenn Term Loan Sched. D M $27.5M PY2023
- Mercer codes 11 PY2023
- U of P Mstr Trst- Fix Inc Pool Sched. D M $555M PY2022
- Uphs Rap Pool Sched. D M $2.3B PY2022
- Mercer codes 11 PY2022
What changed
3 events
- Jul 1, 2024Funded status changedUniversity of Pennsylvania Health Sysytem Pension Plan funded ratio 106.7% -> 97.3% (2023-07-01 to 2024-07-01)
- Jul 1, 2023Funded status changedUniversity of Pennsylvania Health Sysytem Pension Plan funded ratio 113.8% -> 106.7% (2022-07-01 to 2023-07-01)
- Jul 1, 2023Assets changedUniversity of Pennsylvania Health Sysytem Pension Plan plan assets $2.2B -> $2.9B (+31.5%, 2022-07-01 to 2023-07-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 231352685-006
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.