DFX Intelligence

Allocator Intelligence

San Joaquin County Employees Retirement Association

Public pensionmunicipal· California

Public pension, based in California, reporting $4.3B in assets, for 15,733 participants.

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

Assets
$4.3B
Fund commitments
41
Managers
10
Contact decision makersView relationships
More
Ask DFX about this allocatorInvestment staff
Open searchesSimilar plans, same strategyCommitments (41)Managers
As of · the latest dated event for this allocator; each figure carries its own filing or report date

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

San Joaquin County Employees Retirement Association

Emerging

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

What DFX sees in the record
  • DerivedSan Joaquin County Employees Retirement Association 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; no contact route on file yet.

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.

Nothing material in the last 90 days. Last change: 30 Sep 2025, San Joaquin County Employees Retirement Association reports Capital Meridian Fund I: $25M committed (as of 2025-09-30).

38 more commitments and 78 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
  • Trent Kaeslin
    Investment Officer
    Why: Investment officer
    No route on file yet

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
San Joaquin County Employees Retirement Association

Relationship network

62 connected entities41 observed commitments$1.4B disclosed commitments (41 commitments)

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
  • 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
$4.3B
Total assets, Jun 30, 2024 reported
Funded
not on record
not filed
Private markets target
no policy read
no policy read
Commitments
41
none on the tape

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.

Decision makers

who to call first about an allocation, and why; then everyone else by function
  • Trent Kaeslin · Investment Officer
    Why this person: Investment officer; Named with investment responsibility

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.

People

1 role

Manager roster

No manager relationship is on the tape for this allocator.

What changed

83 events
  • Sep 30, 2025Commitment disclosedreport date
    San Joaquin County Employees Retirement Association reports Capital Meridian Fund I: $25M committed (as of 2025-09-30)
    sjcera.org
  • Sep 30, 2025Commitment disclosedreport date
    San Joaquin County Employees Retirement Association reports Stellex II: $50M committed (as of 2025-09-30)
    sjcera.org
  • Sep 30, 2025Commitment disclosedreport date
    San Joaquin County Employees Retirement Association reports AG Core Plus IV: $20M committed (as of 2025-09-30)
    sjcera.org
  • Sep 30, 2025Commitment disclosedreport date
    San Joaquin County Employees Retirement Association reports SROA IX: $50M committed (as of 2025-09-30)
    sjcera.org
  • Sep 30, 2025Commitment disclosedreport date
    San Joaquin County Employees Retirement Association reports Ocean Avenue V: $30M committed (as of 2025-09-30)
    sjcera.org

+78 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.

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

Commitments

41 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Sep 30, 2025Invesco US Incomeunresolvedn/a$100MDisclosed holdingsjcera.org
as of Sep 30, 2025Prologis Logisticsunresolvedn/a$50.5MDisclosed holdingsjcera.org
as of Sep 30, 2025Ridgemontunresolvedn/a$50.0M2021Disclosed holdingsjcera.org

+38 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.

Size and funding

57 readings
Total assets
$4.3B Jun 30, 2024 reported Census ASPP
$3.9B (2023-06) · $4.3B (2022-06)
Fiduciary net position
$4.4B Jun 30, 2024 reported Census ASPP
$4.1B (2023-06) · $4.2B (2022-06)
Long-term investments
$4.1B Jun 30, 2024 reported Census ASPP
$3.7B (2023-06) · $3.9B (2022-06)
Total pension liability
$1.5B Jun 30, 2024 derived Census ASPP
$1.6B (2023-06) · $1.1B (2022-06)
Discount rate
6.75% Jun 30, 2024 reported Census ASPP
6.70% (2023-06) · 7.00% (2022-06)
Participants
15,733 Jun 30, 2024 derived Census ASPP
15,733 (2023-06) · 14,876 (2022-06)
Active members
6,244 Jun 30, 2024 derived Census ASPP
6,244 (2023-06) · 6,350 (2022-06)
Beneficiaries
6,692 Jun 30, 2024 reported Census ASPP
6,692 (2023-06) · 6,361 (2022-06)
Benefits paid
$286M Jun 30, 2024 reported Census ASPP
$273M (2023-06) · $262M (2022-06)
Investment expense
$21.3M Jun 30, 2024 reported Census ASPP
$27.2M (2023-06) · $25.7M (2022-06)

Provenance

Identifiers: Census PID6 184429
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 25, 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, allocation policy.

Record history

83 dated events on the change ledger, latest event first
  • Commitment disclosed
    2025-09-30source on record
  • Commitment disclosed
    2025-09-30source on record
  • Commitment disclosed
    2025-09-30source on record

+80 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

+20 connections on the graph

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.