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Teachers Retirement System of New York City

Public pensionteachers· New Yorknystrs.org

Public pension, based in New York, reporting $108B in assets, for 272,000 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$108B
Private allocation
16.4%
Fund commitments
368
Managers
94
Find My Intro PathPeople to knowView relationshipsAsk DFX about this allocator
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People to knowView relationshipsAsk DFX about this allocatorInvestment staff
Open searchesPlans backing its top managerSimilar plans, same strategyCommitments (368)Allocation policyManagers
As of · the latest dated event for this allocator; each figure carries its own filing or report date
Work here? Correct this profile

What may matter next

A pattern DFX replayed against history, using only what was known on each date, points at this record. The rate belongs to the pattern, not to this entity; what already happened is below.

Allocators · Re-upWindow to Oct 2027

Teachers Retirement System of New York City

Emerging

Watch for: commits to the successor fund by Oct 2027.

What DFX sees in the record
  • DerivedTeachers Retirement System of New York City holds a fund and the manager's next fund in that series, a fund, is open (fundraising).
  • DerivedNo commitment to the new fund appears on the plan's filings yet.
Why it matters

This allocator committed to the prior fund of a series that now has a successor fund. Existing LPs are the first calls in any raise, so this is the re-up list for the GP, and for a competing GP it shows whose capital may be in play.

Who this is for

GPs raising a successor fund, placement agents, and competing GPs in the same strategy.

Can you reach them

Decision maker identified; on file: LinkedIn.

Read with care: the rate belongs to the pattern, not to this one; it is not a forecast.

How the pattern measured, and every other entity on it: re-up prospects.

What matters now

  1. 3
    re-up prospects

    3 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.

    Inferencea successor fund observed for a manager the plan backsRe-up prospects →

91 more managers, 386 more commitments and 758 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.

People to know

View all people
  • Patricia Reilly
    Executive Director
    Why: Executive director: runs the plan or the office
    No route on file yet

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
Teachers Retirement System of New York City
Funds committed to
All 164
Managers
All 94

Relationship network

385 connected entities200 observed commitments49 repeat counterparties$22B disclosed commitments (200 commitments)16 dated commitments shown here, 2023 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.

Reading the network
  • Sponsor
  • Fund or vehicle
  • Service provider
  • Person
›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 pensionShow
Public pension
Assets
$108B
Total assets, Jun 30, 2024 reported
Funded
not on record
not filed
Private markets target
16.4%
policy Jun 30, 2025
Commitments
368
331 dated closings

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
  • Patricia Reilly · Executive Director
    Why this person: Executive director: runs the plan or the office

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.

Manager roster

94 managers on the commitment tape
From the plan’s own commitment disclosures

+91 more managers received commitments

Every name, record and relationship behind this count, with the source on each.

What changed

763 events
  • Sep 24, 2026Re-up prospect resolvedreport dateinference
    Re-up prospect for Resolute Fund VII, L.P.: condition no longer holds; not judged
    with TJC LP
  • Sep 23, 2026Re-up prospect resolvedreport dateinference
    Re-up prospect for Apollo Investment Fund XI, L.P.: condition no longer holds; not judged
    with Apollo Capital Management L.P.
  • Sep 23, 2026Re-up prospectreport dateinference
    Teachers 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 graph
    with TJC LP
  • Sep 23, 2026Re-up prospectreport dateinference
    Teachers 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 graph
    with Apollo Capital Management L.P.
  • Jun 4, 2026Commitment approved
    Teachers Retirement System of New York City reports as committed $156M to LCP XI Co-Invest Partners, L.P. (Lexington Partners L.P.)
    with Lexington Partnerscomptroller.nyc.gov

+758 more dated events

Every name, record and relationship behind this count, with the source on each.

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

389 rows, 124 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Jun 4, 2026Green Equity Investors X, L.P.Leonard Green & Partners, L.P.Private equity$192MApprovedcomptroller.nyc.gov
as of Jun 4, 2026PCCP Equity XPccp, LLCReal estate$180MApprovedcomptroller.nyc.gov
as of Jun 4, 2026LCP XI Co-Invest Partners, L.P.co investmentLexington PartnersPrivate equity$156MApprovedcomptroller.nyc.gov

+386 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

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)

Commitment history

26 decisions the board record started
VehicleManagerAmountStateProposedApprovedClosedFirst reportedOther LPs
Basalt Infrastructure Partners V a L.P.Basalt Infrastructure Partners LLP$200Mclosed--Dec 23, 2025-4
Raith Real Estate Fund IV LPRAITH CAPITAL PARTNERS$70.0Mclosed--Dec 1, 2025-4
Fengate Infrastructure Fund V (U.S.) LPFengate$120Mclosed--Nov 14, 2025-4

+23 more board decisions

Every name, record and relationship behind this count, with the source on each.

Provenance

Identifiers: Census PID6 121531
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Oct 30, 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.

Not yet on record: funded ratio.

Capital chain

Teachers Retirement System of New York City sits on 765 traced paths of capital across the graphs.

Allocator commitments to a managerAllocator to PE fund to manager to company

DFX traced 765 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Record history

734 dated events on the change ledger, latest event first
  • Re up prospect resolved
    2026-09-24
  • Re up prospect resolved
    2026-09-23
  • Re up prospect
    2026-09-23

+731 more changes on this record's ledger

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

+262 connections on the graph