New York City Fire Department Article 1b Pension Fund
Public pension, based in New York, reporting $21B in assets, for 28,435 participants.
Composed from this allocator's classification, location and filed figures.
What matters now
- $66.6Mapproved, 3 funds
$66.6M approved across 3 funds on Sep 23, 2026: Providence Strategic Growth Europe III $39.3M, PCP Hudson $15.7M, PCP Fund III $11.6M.
Sep 23, 2026 · The board's newest commitments, the managers it is backing now.
- 2re-up prospects
2 re-up prospects were flagged in the last twelve months: managers it backed raising a successor fund.
Managers it already backs are raising again; a re-up decision is coming.
85 more managers, 358 more commitments and 708 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- Ares Industrial Real Estate Fund LP$60.0M committed
- BPEA Private Equity Fund IX (No.2)$59.6M committed
- KKR Global Infrastructure Investors V (USD)$56.0M committed
- Kohlberg, Kravis, Roberts & Co., LP$314M across 12 commitments
- Leonard Green & Partners, L.P.$204M across 7 commitments
- Ardian Investment Uk Limited$201M across 7 commitments
Relationship network
373 connected entities200 observed commitments39 repeat counterparties$5.2B disclosed commitments (200 commitments)32 dated commitments shown here, 2021 to 2026
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesPublic pensionShowHide
Allocation policy
| Asset class (as printed) | Bucket | Target | Range | Actual | Gap | Basis |
|---|---|---|---|---|---|---|
| Cash | Cash | 0.5% | reported comptroller.nyc.gov | |||
| Core U.S. fixed | Fixed income | 19.0% | reported comptroller.nyc.gov | |||
| Enhanced yield bonds | Fixed income | 7.0% | reported comptroller.nyc.gov | |||
| Hedge funds | Hedge / diversifiers | 4.0% | reported comptroller.nyc.gov | |||
| Opportunistic fixed | Hedge / diversifiers | 6.0% | reported comptroller.nyc.gov | |||
| Infrastructure | Infrastructure | 5.0% | reported comptroller.nyc.gov | |||
| EAFE markets | Other | 9.0% | reported comptroller.nyc.gov | |||
| ETI | Other | 0.0% | reported comptroller.nyc.gov | |||
| Emerging markets | Public equity | 6.0% | reported comptroller.nyc.gov | |||
| Private equities | Public equity | 12.0% | reported comptroller.nyc.gov | |||
| U.S. equity | Public equity | 24.5% | reported comptroller.nyc.gov | |||
| Real estate | Real estate | 7.0% | reported comptroller.nyc.gov |
Consultants and advisers
- New York City Comptroller CustodianGeneral consultantthrough Jun 30, 2025 ACFR
- New York City Office of the Actuary Actuarythrough Jun 30, 2025 ACFR
People
Manager roster
- Kohlberg, Kravis, Roberts & Co., LP$314M, 12 rows, latest Dec 31, 2025
- Leonard Green & Partners, L.P.$204M, 7 rows, latest Dec 31, 2025
- Ardian Investment Uk Limited$201M, 7 rows, latest Dec 31, 2025
+85 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
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What changed
- Sep 24, 2026Re-up prospect resolvedreport dateinferenceRe-up prospect for Resolute Fund VII, L.P.: condition no longer holds; not judgedwith TJC LP
- Sep 23, 2026Commitment approvedNew York City Fire Department Article 1b Pension Fund reports as committed $7M to OceanSound Partners III Co-Invest Sidecar Nwith Oceansound Partners, LPcomptroller.nyc.gov
- Sep 23, 2026Commitment approvedNew York City Fire Department Article 1b Pension Fund reports as committed $11M to OceanSound Partners Fund IIIwith Oceansound Partners, LPcomptroller.nyc.gov
- Sep 23, 2026Commitment approvedNew York City Fire Department Article 1b Pension Fund reports as committed $16M to PCP Hudson
- Sep 23, 2026Commitment approvedNew York City Fire Department Article 1b Pension Fund reports as committed $12M to PCP Fund III
+708 more dated events
Every name, record and relationship behind this count, with the source on each.
7 days of DFX Intelligence free, then $199/month unless canceled. A card is taken when the trial starts.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Sep 23, 2026 | Providence Strategic Growth Europe III | Providence Strategic Growth | Venture | $39.3M | Approved | comptroller.nyc.gov | |
| as of Sep 23, 2026 | PCP Hudson | PCP | Private equity | $15.7M | Approved | comptroller.nyc.gov | |
| as of Sep 23, 2026 | PCP Fund III | Preservation Capital Partners Limited | Private equity | $11.6M | Approved | comptroller.nyc.gov |
+358 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Commitment history
How the history is foldedOne line per vehicle, folded across the board’s own minutes and the plan’s later reports: when the item was proposed or recommended, when the board approved it, when the closing was dated, and when the position first showed up in a report. A line is closed only when a closing date exists; held means the plan reports the position without one on this graph.| Vehicle | Manager | Amount | State | Proposed | Approved | Closed | First reported | Other LPs |
|---|---|---|---|---|---|---|---|---|
| BIG Real Estate Fund III, LP | Basis Management Group LLC | $40.0M | closed | - | Sep 24, 2025 | Dec 24, 2025 | - | - |
| Brookfield Strategic Real Estate Partners V | Brookfield | $50.0M | closed | - | Sep 24, 2025 | Sep 17, 2025 | - | - |
| BPEA Private Equity Fund IX (No.2), SCSp | EQT Fund Management S.A.R.L | $29.8M | closed | - | - | Dec 10, 2025 | - | 3 |
+16 more board decisions
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Not yet on record: funded ratio.
New York City Fire Department Article 1b Pension Fund sits on 681 traced paths of capital across the graphs.
DFX traced 681 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
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Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
- Re up prospect resolved2026-09-24
- Re up prospect resolved2026-09-23
- Re up prospect2026-09-23
+705 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+254 connections on the graph
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