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

Nevada Public Employees Retirement System (PERS)

State retirement systemstate generalNV
Assets
$64B
Total assets, Jun 30, 2024 derived
Funded
n/a
not filed
Private markets target
24.0%
policy Jun 30, 2025
Commitments
0
none on the tape
Allocation policy
ACFR, as of Jun 30, 2025
Asset class (as printed)BucketTargetRangeActualGapBasis
Short-term investmentsCash12.0%reported nvpers.org
U.S. bondsFixed income28.0%reported nvpers.org
Private equityPrivate equity6.0%reported nvpers.org
Private marketsPrivate equity12.0%reported nvpers.org
International stocksPublic equity14.0%reported nvpers.org
U.S. stocksPublic equity34.0%reported nvpers.org
Private real estateReal estate6.0%reported nvpers.org
Consultants and advisers
3 firms
People
4 roles
Chief investment officer
Steve Edmundson
Chief Investment Officer (Jun 30, 2025) nvpers.org
Steve Edmundson 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
56 readings
Total assets
$64B Jun 30, 2024 derived Census ASPP
$58B (2023-06) · $54B (2022-06)
Fiduciary net position
$64B Jun 30, 2024 reported Census ASPP
$58B (2023-06) · $55B (2022-06)
Long-term investments
$64B Jun 30, 2024 reported Census ASPP
$57B (2023-06) · $54B (2022-06)
Total pension liability
$18B Jun 30, 2024 reported Census ASPP
$18B (2023-06) · $18B (2022-06)
Discount rate
7.25% Jun 30, 2024 reported Census ASPP
7.25% (2022-06)
Participants
220,687 Jun 30, 2024 derived Census ASPP
213,970 (2023-06) · 207,195 (2022-06)
Active members
115,765 Jun 30, 2024 derived Census ASPP
112,019 (2023-06) · 108,635 (2022-06)
Beneficiaries
84,170 Jun 30, 2024 reported Census ASPP
81,861 (2023-06) · 79,049 (2022-06)
Benefits paid
$3.7B Jun 30, 2024 reported Census ASPP
$3.3B (2023-06) · $3.1B (2022-06)
Investment expense
$81.2M Jun 30, 2024 reported Census ASPP
$75.7M (2023-06) · $70.6M (2022-06)
What changed
4 events
  • Jun 30, 2024Assets changed
    Nevada Public Employees Retirement System (PERS) fiduciary net position $58.3B -> $64.5B (+10.5%, 2023-06-30 to 2024-06-30)
  • Jun 30, 2024Assets changed
    Nevada Public Employees Retirement System (PERS) total assets $57.9B -> $63.8B (+10.2%, 2023-06-30 to 2024-06-30)
  • Jun 30, 2023Assets changed
    Nevada Public Employees Retirement System (PERS) fiduciary net position $54.5B -> $58.3B (+7.0%, 2022-06-30 to 2023-06-30)
  • Jun 30, 2023Assets changed
    Nevada Public Employees Retirement System (PERS) total assets $54.2B -> $57.9B (+6.9%, 2022-06-30 to 2023-06-30)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 228130
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.