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.
State retirement system
Msrs State Employees Retirement Fund
State retirement systemstate generalMNcomponent of a larger system
Assets
$18B
Total assets, Jun 30, 2024 reported
Funded
n/a
not filed
Private markets target
n/a
policy Jun 30, 2024
Commitments
0
none on the tape
Invested by: Minnesota State Board of Investment
Allocation policy
ACFR, as of Jun 30, 2024
Actual allocation lines without a target (as filed)
- Cash and Laddered Bonds 4.9%
- Bonds 10.5%
- Treasuries 9.5%
- Private Markets - Invested 24.4%
- Private Markets - Uninvested 0.2%
- Domestic Equity 33.6%
- Global Equity 1.1%
- International Equity 15.8%
Consultants and advisers
1 firms
- Gabriel, Roeder, Smith & Company Actuarythrough Jun 30, 2024 ACFR
People
1 roles
- Erin Leonard Executive DirectorExecutive director / CEO
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
58 readings
Fiduciary net position
$34B (2024-06) · $17B (2023-06) · $16B (2022-06)
What changed
2 events
- Jun 30, 2024Assets changedMsrs State Employees Retirement Fund fiduciary net position $16.6B -> $18.1B (+9.0%, 2023-06-30 to 2024-06-30)
- Jun 30, 2024Assets changedMsrs State Employees Retirement Fund total assets $16.6B -> $17.8B (+7.4%, 2023-06-30 to 2024-06-30)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 228211
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.