Teachers Retirement System of New York City
Public pension, based in New York, reporting $108B in assets, for 272,000 participants.
Composed from this allocator's classification, location and filed figures.
What matters 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.
35 more managers, 357 more commitments and 364 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.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
People to know
View all people- Executive DirectorWhy: Executive director: runs the plan or the officeNo route on file yet
Capital path
who backs this record, through what, into what; each name opens its own path- Thomas BrownChairperson
- Patricia ReillyExecutive Director
- KKR North America Fund XIV SCSp$257M committed
- Apollo Investment Fund IX, L.P.$256M committed
- ASF IX Infrastructure B$248M committed
- Leonard Green & Partners, L.P.$672M across 5 commitments
- Ardian Investment Uk Limited$652M across 4 commitments
- Vista Equity Partners Management, LLC$615M across 5 commitments
Relationship network
341 connected entities200 observed commitments17 repeat counterparties$21B disclosed commitments (200 commitments)16 dated commitments shown here, 2024 to 2025
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
- Person
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
| Asset class (as printed) | Bucket | Target | Range | Actual | Gap | Basis |
|---|---|---|---|---|---|---|
| Fixed income | Fixed income | 34.0% | reported trsnyc.org | |||
| Alternative investments - Opportunistic fixed income | Hedge / diversifiers | 4.2% | reported trsnyc.org | |||
| Alternative investments - Infrastructure | Infrastructure | 3.1% | reported trsnyc.org | |||
| Alternative investments - Private equity | Private equity | 7.8% | reported trsnyc.org | |||
| Common stock | Public equity | 27.9% | reported trsnyc.org | |||
| International investments - Emerging markets | Public equity | 5.0% | reported trsnyc.org | |||
| International investments - Non-U.S. | Public equity | 12.5% | reported trsnyc.org | |||
| Alternative investments - Real estate | Real estate | 5.5% | reported trsnyc.org |
- 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%
- New York City Office of the Comptroller Custodianthrough Jun 30, 2025 ACFR
- Office of the Actuary of the City of New York Actuarythrough Jun 30, 2025 ACFR
- Patricia Reilly · Executive DirectorWhy this person: Executive director: runs the plan or the office
Who else at this allocator · 1 person, grouped by function
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
- Thomas Brown ChairpersonBoard chair
- Patricia Reilly Executive DirectorExecutive director / CEO
- Leonard Green & Partners, L.P.$672M, 5 rows, latest Dec 31, 2025
- Ardian Investment Uk Limited$652M, 4 rows, latest Dec 31, 2025
- Vista Equity Partners Management, LLC$615M, 5 rows, latest Dec 31, 2025
+35 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
- Sep 24, 2026re up prospect resolvedreport dateinferenceRe-up prospect for Resolute Fund VII, L.P.: condition no longer holds; not judgedwith TJC LPno URL
- Sep 23, 2026re up prospect resolvedreport dateinferenceRe-up prospect for Apollo Investment Fund XI, L.P.: condition no longer holds; not judgedwith Apollo Capital Management L.P.no URL
- Sep 23, 2026Re-up prospectreport dateinferenceTeachers Retirement System of New York City holds The Resolute Fund VI, L.P. ($68M); the manager is raising: Resolute Fund VII, L.P. (fundraising, seen 2026-09-23); no commitment to it on the graphwith TJC LPno URL
- Sep 23, 2026Re-up prospectreport dateinferenceTeachers Retirement System of New York City holds Apollo Investment Fund X, L.P. ($120M); the manager is raising: Apollo Investment Fund XI, L.P. (fundraising, seen 2026-09-23); no commitment to it on the graphwith Apollo Capital Management L.P.no URL
- Dec 31, 2025Commitment disclosedreport dateTeachers Retirement System of New York City reports KKR Real Estate Partners Americas III SCSp: $150M committed (as of 2025-12-31)
+364 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2025 | GCM Grosvenor NYC Emerging RE Managers, L.P. 2023-1 Investment Series | unresolved | n/a | $269M | 2023 | Disclosed holding | comptroller.nyc.gov |
| as of Dec 31, 2025 | Grosvenor Real Estate Emerging Manager SMA1 | unresolved | n/a | $264M | 2019 | Disclosed holding | comptroller.nyc.gov |
| as of Dec 31, 2025 | KKR North America Fund XIV SCSp | unresolved | n/a | $257M | 2025 | Disclosed holding | comptroller.nyc.gov |
+357 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Provenance
Not yet on record: funded ratio.
Teachers Retirement System of New York City sits on 324 traced paths of capital across the graphs.
DFX traced 324 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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
+366 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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
+223 connections on the graph
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.