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

MOSERS State Employees' Pension Plan (MOSEP)

State retirement systemstate generalMO
Assets
$9.6B
Fiduciary net position, Jun 30, 2025 reported
Funded
n/a
not filed
Private markets target
15.0%
policy Jun 30, 2025
Commitments
0
none on the tape
Allocation policy
ACFR, as of Jun 30, 2025
Asset class (as printed)BucketTargetRangeActualGapBasis
Core BondsFixed income5.0%0% to 10%5.0%+0.0reported mosers.org
Long TreasuriesFixed income12.5%8% to 18%12.5%+0.0reported mosers.org
US TreasuriesFixed income10.0%5% to 15%9.9%-0.1reported mosers.org
Hedge FundsHedge / diversifiers2.5%0% to 8%2.5%+0.0reported mosers.org
CommoditiesNatural resources2.5%0% to 8%2.5%+0.0reported mosers.org
Alt BetaOther12.5%8% to 18%12.6%+0.1reported mosers.org
Private CreditPrivate credit7.5%3% to 13%7.4%-0.1reported mosers.org
Global Private EquitiesPublic equity15.0%10% to 20%14.9%-0.1reported mosers.org
Global Public EquitiesPublic equity35.0%25% to 45%35.2%+0.2reported mosers.org
Private Real AssetsReal assets2.5%0% to 8%2.5%+0.0reported mosers.org
Public Real AssetsReal assets2.5%0% to 8%2.4%-0.1reported mosers.org
Consultants and advisers
5 firms
People
5 roles
Chief investment officer
TJ Carlson, MBA, CAIA, CTP
Chief Investment Officer (Jun 30, 2025) mosers.org
TJ Carlson, MBA, CAIA, CTP Chief Investment Officer
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
57 readings
Total assets
$12B Jun 30, 2024 reported Census ASPP
$12B (2023-06) · $12B (2022-06)
Fiduciary net position
$9.6B Jun 30, 2025 reported ACFR
$8.1B (2024-06) · $8.6B (2023-06) · $8.2B (2022-06)
Long-term investments
$12B Jun 30, 2024 reported Census ASPP
$12B (2023-06) · $10B (2022-06)
Total pension liability
$8.8B Jun 30, 2024 reported Census ASPP
$7.6B (2023-06) · $7.2B (2022-06)
Discount rate
6.95% Jun 30, 2024 reported Census ASPP
6.95% (2023-06) · 6.95% (2022-06)
Participants
153,190 Jun 30, 2024 reported Census ASPP
147,677 (2023-06) · 141,839 (2022-06)
Active members
44,680 Jun 30, 2024 reported Census ASPP
43,088 (2023-06) · 41,595 (2022-06)
Beneficiaries
55,579 Jun 30, 2024 reported Census ASPP
54,709 (2023-06) · 53,648 (2022-06)
Benefits paid
$970M Jun 30, 2024 reported Census ASPP
$917M (2023-06) · $869M (2022-06)
Investment expense
$137M Jun 30, 2023 reported Census ASPP
$128M (2022-06)
What changed
No dated events yet.
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 227709
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.