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.

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Public pension

T••••••• R••••••••• S••••• o• N•• Y••• C•••

Public pensionteachersNY
Assets
$108B
Total assets, Jun 30, 2024 reported
Funded
n/a
not filed
Private markets target
16.4%
policy Jun 30, 2025
Commitments
0
none on the tape
Allocation policy
ACFR, as of Jun 30, 2025
Asset class (as printed)BucketTargetRangeActualGapBasis
Fixed incomeFixed income34.0%reported trsnyc.org
Alternative investments - Opportunistic fixed incomeHedge / diversifiers4.2%reported trsnyc.org
Alternative investments - InfrastructureInfrastructure3.1%reported trsnyc.org
Alternative investments - Private equityPrivate equity7.8%reported trsnyc.org
Common stockPublic equity27.9%reported trsnyc.org
International investments - Emerging marketsPublic equity5.0%reported trsnyc.org
International investments - Non-U.S.Public equity12.5%reported trsnyc.org
Alternative investments - Real estateReal estate5.5%reported trsnyc.org
Actual allocation lines without a target (as filed)
  • Fixed income and short-term investments 33.3%
  • Alternative investments 20.5%
  • Non-U.S. equity investments 17.2%
  • U.S. equity investments 29.0%
Policy periods on the tape: Jun 30, 2025 (ACFR), Jun 30, 2024 (ACFR). Target changes between periods are on the what changed list.
Consultants and advisers
2 firms
People
2 roles
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
$108B Jun 30, 2024 reported Census ASPP
$97B (2023-06) · $96B (2022-06)
Fiduciary net position
$74B Jun 30, 2024 reported Census ASPP
$68B (2023-06) · $64B (2022-06)
Long-term investments
$105B Jun 30, 2024 reported Census ASPP
$94B (2023-06) · $93B (2022-06)
Total pension liability
$12B Jun 30, 2024 reported Census ASPP
$14B (2023-06) · $15B (2022-06)
Discount rate
7.00% Jun 30, 2024 reported Census ASPP
7.00% (2023-06) · 7.00% (2022-06)
Participants
272,000 Jun 30, 2024 derived Census ASPP
245,000 (2023-06) · 236,000 (2022-06)
Active members
127,000 Jun 30, 2024 derived Census ASPP
125,000 (2023-06) · 124,000 (2022-06)
Beneficiaries
96,000 Jun 30, 2024 reported Census ASPP
95,000 (2023-06) · 92,000 (2022-06)
Benefits paid
$5.1B Jun 30, 2024 reported Census ASPP
$4.8B (2023-06) · $4.8B (2022-06)
Investment expense
$641M Jun 30, 2024 reported Census ASPP
$519M (2023-06) · $545M (2022-06)
What changed
5 events
  • Jun 30, 2025Allocation target changed
    T••••••• R••••••••• S••••• o• N•• Y••• C••• raised its Common stock target 27.3% -> 27.9% (2024-06-30 to 2025-06-30)
  • Jun 30, 2025Allocation target changed
    T••••••• R••••••••• S••••• o• N•• Y••• C••• cut its Alternative investments - Private equity target 8.6% -> 7.8% (2024-06-30 to 2025-06-30)
  • Jun 30, 2024Assets changed
    T••••••• R••••••••• S••••• o• N•• Y••• C••• fiduciary net position $67.9B -> $74.5B (+9.6%, 2023-06-30 to 2024-06-30)
  • Jun 30, 2024Assets changed
    T••••••• R••••••••• S••••• o• N•• Y••• C••• total assets $96.5B -> $107.9B (+11.8%, 2023-06-30 to 2024-06-30)
  • Jun 30, 2023Assets changed
    T••••••• R••••••••• S••••• o• N•• Y••• C••• fiduciary net position $64.0B -> $67.9B (+6.1%, 2022-06-30 to 2023-06-30)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 121531
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 16, 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.