State retirement system in New Hampshire

State retirement system· New Hampshire

State retirement system, based in New Hampshire, reporting $12B in assets, for 117,971 participants.

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

Assets
$12B
Fund commitments
174
Managers
52
As of · the latest dated event for this allocator; each figure carries its own filing or report date

What matters now

  1. $1.18B
    approved, 3 funds

    $1.18B approved across 3 funds on Aug 25, 2026: Acadian Asset Management separate account $1B, Pemberton Mid-Market Debt Fund V $100M, I Squared Capital Global Infrastructure Fund IV $75M.

    Aug 25, 2026 · The board's newest commitments, the managers it is backing now.

    Factboard minutes, Aug 25, 2026For GPs raising in these strategies, placement agentsBoard record →
  2. 2 searches
    open now

    2 open manager searches: U.S. enhanced indexing search; Non-U.S. Emerging Markets core-satellite portfolio search.

    opened Aug 25, 2026 · A mandate the plan is hiring for now; a manager can still respond.

    Factthe plan's own search notices and minutesFor managers in the searched asset class, consultantsOpen searches →
  1. 2
    re-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.

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

This allocator's name, 8 more people, 2 more advisers, 49 more managers, 172 more commitments and 519 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
  • Chief Investment Officer
    Why: Chief investment officer: owns the allocation decision
    No route on file yet
  • Head of Private Markets
    Why: Heads an investment area
    No route on file yet
  • 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
All 11
State retirement system in New Hampshire
Managers
All 52

Relationship network

245 connected entities175 observed commitments19 repeat counterparties$7.9B disclosed commitments (171 commitments)20 dated commitments shown here, 2025 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 basesState retirement systemShow
State retirement system
Assets
$12B
Total assets, Jun 30, 2024 reported
Funded
not on record
not filed
Private markets target
no policy read
policy Jun 30, 2025
Commitments
174
9 dated closings

Allocation policy

ACFR, as of Jun 30, 2025

Consultants and advisers

5 firms

+2 more consultants and advisers advise this allocator

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

People

11 roles
  • Raynald Leveque · Chief Investment Officer
    Why this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
  • Danita Johnson · Head of Private Markets
    Why this person: Heads an investment area; Named with investment responsibility
  • Jan Goodwin · 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.

Chief investment officer
Raynald Leveque
Chief Investment Officer (Jun 30, 2025) source on record
Raynald Marie Leveque Mullen Chief Director Investment of Officer Finance

+8 more people on the investment staff and board

Every name, title and published role at this allocator, with the page it was read from.

Manager roster

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

+49 more managers received commitments

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

What changed

524 events
  • Oct 19, 2026Re-up prospect resolvedreport dateinference
    Re-up prospect for RFE Investment Partners X, L.P.: condition no longer holds; not judged
    with RFE Management Corporation
  • Oct 14, 2026Re-up prospect resolvedreport dateinference
    Re-up prospect for Oaktree Real Estate Opportunities Fund IX, L.P.: condition no longer holds; not judged
    with Oaktree Capital Management, LP
  • Sep 24, 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 24, 2026Re-up prospectreport dateinference
    with Lexington Partners$40.0M
  • Sep 24, 2026Re-up prospectreport dateinference
    with Apollo Capital Management L.P.$40.0M

+519 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

175 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Aug 25, 2026Acadian Asset Management separate accountseparate accountAcadian Asset Management Headquarten/a$1.0BApprovedsource on record
as of Aug 25, 2026Pemberton Mid-Market Debt Fund VPembertonPrivate credit$100MApprovedsource on record
as of Aug 25, 2026I Squared Capital Global Infrastructure Fund IVI Squared CapitalInfrastructure$75.0MApprovedsource on record

+172 more commitments

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

Size and funding

55 readings
Total assets
$12B Jun 30, 2024 reported Census ASPP
$11B (2023-06) · $11B (2022-06)
Fiduciary net position
$12.3M Jun 30, 2024 reported Census ASPP
$11B (2023-06) · $11B (2022-06)
Long-term investments
$12B Jun 30, 2024 reported Census ASPP
$11B (2023-06) · $10B (2022-06)
Total pension liability
$5.2M Jun 30, 2024 reported Census ASPP
$5.6B (2023-06) · $5.7B (2022-06)
Discount rate
6.75% Jun 30, 2024 reported Census ASPP
6.75% (2023-06) · 6.75% (2022-06)
Participants
117,971 Jun 30, 2024 derived Census ASPP
114,284 (2023-06) · 110,809 (2022-06)
Active members
48,989 Jun 30, 2024 derived Census ASPP
48,589 (2023-06) · 48,687 (2022-06)
Beneficiaries
45,330 Jun 30, 2024 reported Census ASPP
43,603 (2023-06) · 42,415 (2022-06)
Benefits paid
$1.0B Jun 30, 2024 reported Census ASPP
$971M (2023-06) · $914M (2022-06)
Investment expense
$59.3M Jun 30, 2024 reported Census ASPP
$55.9M (2022-06)

Commitment history

12 decisions the board record started
VehicleManagerAmountStateProposedApprovedClosedFirst reportedOther LPs
Acadian Asset Management separate accountAcadian Asset Management Headquarte$1.0Bapproved-Aug 25, 2026---
Pemberton Mid-Market Debt Fund VPemberton$100Mapproved-Aug 25, 2026---
I Squared Capital Global Infrastructure Fund IVI Squared Capital$75.0Mapproved-Aug 25, 2026---

+9 more board decisions

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

Provenance

Identifiers: none on file
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Oct 20, 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, private markets allocation target.

Capital chain

This record sits on 320 traced paths of capital across the graphs.

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

DFX traced 320 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

524 dated events on the change ledger, latest event first
  • Re up prospect resolved
    2026-10-19
  • Re up prospect resolved
    2026-10-14
  • Re up prospect resolved
    2026-09-24

+521 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

+113 connections on the graph