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.

State retirement system

North Carolina Local Govt Employees Retirement System

State retirement systemstate generalNCcomponent of a larger system
Assets
$34B
Total assets, Jun 30, 2024 derived
Funded
n/a
not filed
Private markets target
22.0%
policy Jun 30, 2024
Commitments
0
none on the tape
Allocation policy
ACFR, as of Jun 30, 2024
Asset class (as printed)BucketTargetRangeActualGapBasis
Fixed IncomeFixed income33.0%reported myncretirement.gov
Opportunistic Fixed IncomeHedge / diversifiers7.0%reported myncretirement.gov
AlternativesPrivate equity8.0%reported myncretirement.gov
Global EquityPublic equity38.0%reported myncretirement.gov
Inflation SensitiveReal assets6.0%reported myncretirement.gov
Real EstateReal estate8.0%reported myncretirement.gov
Consultants and advisers
No adviser relationship is on the tape for this allocator. Public systems name theirs in the ACFR; plans list them on Schedule C.
People
No investment staff or executives have been read for this allocator yet.
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
$34B Jun 30, 2024 derived Census ASPP
$31B (2023-06) · $30B (2022-06)
Fiduciary net position
$34B Jun 30, 2024 reported Census ASPP
$31B (2023-06) · $30B (2022-06)
Long-term investments
$34B Jun 30, 2024 reported Census ASPP
$31B (2023-06) · $30B (2022-06)
Total pension liability
$-30B Jun 30, 2024 derived Census ASPP
$6.6B (2023-06) · $5.6B (2022-06)
Discount rate
6.50% Jun 30, 2024 reported Census ASPP
6.50% (2023-06) · 6.50% (2022-06)
Participants
334,993 Jun 30, 2024 derived Census ASPP
319,990 (2023-06) · 305,026 (2022-06)
Active members
141,269 Jun 30, 2024 derived Census ASPP
135,706 (2023-06) · 132,235 (2022-06)
Beneficiaries
85,027 Jun 30, 2024 reported Census ASPP
82,466 (2023-06) · 79,318 (2022-06)
Benefits paid
$1.8B Jun 30, 2024 reported Census ASPP
$1.8B (2023-06) · $1.7B (2022-06)
Investment expense
$111M Jun 30, 2024 reported Census ASPP
$134M (2023-06) · $155M (2022-06)
What changed
4 events
  • Jun 30, 2024Assets changed
    North Carolina Local Govt Employees Retirement System fiduciary net position $31.2B -> $33.6B (+7.7%, 2023-06-30 to 2024-06-30)
  • Jun 30, 2024Assets changed
    North Carolina Local Govt Employees Retirement System total assets $31.1B -> $34.0B (+9.3%, 2023-06-30 to 2024-06-30)
  • Jun 30, 2023Assets changed
    North Carolina Local Govt Employees Retirement System fiduciary net position $29.9B -> $31.2B (+4.2%, 2022-06-30 to 2023-06-30)
  • Jun 30, 2023Assets changed
    North Carolina Local Govt Employees Retirement System total assets $29.9B -> $31.1B (+4.1%, 2022-06-30 to 2023-06-30)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 226282
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 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.