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.
Public pension
Houston Municipal Employees Pension System
Public pensionmunicipalTX
Assets
$4.4B
Total assets, Jun 30, 2024 derived
Funded
n/a
not filed
Private markets target
42.0%
policy Jun 30, 2025
Commitments
0
none on the tape
Allocation policy
ACFR, as of Jun 30, 2025
| Asset class (as printed) | Bucket | Target | Range | Actual | Gap | Basis |
|---|---|---|---|---|---|---|
| Cash | Cash | 0.0% | 2.4% | +2.4 | reported hmeps.org | |
| Fixed income | Fixed income | 10.0% | 5.0% | -5.0 | reported hmeps.org | |
| Inflation-Linked | Other | 20.0% | 20.9% | +0.9 | reported hmeps.org | |
| Private credit | Private credit | 12.5% | 6.8% | -5.7 | reported hmeps.org | |
| Private equity | Private equity | 17.0% | 25.0% | +8.0 | reported hmeps.org | |
| Global equity | Public equity | 28.0% | 30.9% | +2.9 | reported hmeps.org | |
| Real estate | Real estate | 12.5% | 9.0% | -3.5 | reported hmeps.org |
Consultants and advisers
5 firms
- Cliffwater LLC Specialist consultantthrough Jun 30, 2025 ACFR
- Nepc, LLC Specialist consultantthrough Jun 30, 2025 ACFR
- Wilshire Associates, Inc. General consultantthrough Jun 30, 2025 ACFR
- State Street Bank & Trust Company Custodianthrough Jun 30, 2025 ACFR
- The Segal Group, Inc. Actuarythrough Jun 30, 2025 ACFR
People
3 roles
Chief investment officer
Gregory Brunt
Chief Investment Officer (Jun 30, 2025) hmeps.org
The Investment Section was written by Chief Investment Officer Gregory Brunt, CFA, and Financial Analyst Mary
Truong.
- David L. Long Executive DirectorExecutive director / CEO
- Sherry Mose 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
57 readings
What changed
No dated events yet.
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 187666
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.