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
California State Teachers' Retirement System
Assets
$373B
Fiduciary net position, Jun 30, 2025 reported
Funded
n/a
not filed
Private markets target
35.0%
policy Jun 30, 2025
Commitments
477
114 managers on Schedule C
Divisions and programs: Calstrs Cash Balance Benefit Program
Allocation policy
ACFR, as of Jun 30, 2025
| Asset class (as printed) | Bucket | Target | Range | Actual | Gap | Basis |
|---|---|---|---|---|---|---|
| Cash/Liquidity | Cash | 2.0% | 0% to 5% | 2.8% | +0.8 | reported calstrs.com |
| Fixed Income | Fixed income | 13.0% | 8% to 18% | 12.0% | -1.0 | reported calstrs.com |
| Risk Mitigating Strategies | Hedge / diversifiers | 10.0% | 5% to 15% | 7.3% | -2.7 | reported calstrs.com |
| Strategic Overlay | Hedge / diversifiers | 0.0% | 0.1% | +0.1 | reported calstrs.com | |
| Collaborative Strategies | Other | 0.0% | 0% to 5% | 1.8% | +1.8 | reported calstrs.com |
| Private Equity | Private equity | 14.0% | 9% to 19% | 15.1% | +1.1 | reported calstrs.com |
| Public Equity | Public equity | 40.0% | 32% to 48% | 41.2% | +1.2 | reported calstrs.com |
| Inflation Sensitive | Real assets | 6.0% | 1% to 11% | 6.9% | +0.9 | reported calstrs.com |
| Real Estate | Real estate | 15.0% | 10% to 20% | 12.8% | -2.2 | reported calstrs.com |
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
No adviser relationship is on the tape for this allocator. Public systems name theirs in the ACFR; plans list them on Schedule C.
People
1 roles
Chief investment officer
Scott Chan
Chief Investment Officer (Jun 30, 2025) calstrs.com
SCOTT CHAN LISA BLATNIK JULIE UNDERWOOD BRIAN J. BARTOW
Chief Investment Officer
Manager roster
58 managers on the commitment tape
From the plan’s own commitment disclosures
- Blackstone Management Partners L.L.C.10 rows, $5.0B, latest Jun 30, 2025
- The Carlyle Group6 rows, $2.1B, latest Jun 30, 2025
- Thoma Bravo6 rows, $1.6B, latest Jun 30, 2025
- NEW Enterprise Associates6 rows, $1.2B, latest Jun 30, 2025
- Apollo Management, L.P.5 rows, $1.4B, latest Jun 30, 2025
- TPG Global Advisors, LLC4 rows, $2.0B, latest Jun 30, 2025
- Permira Investment Advisers Limited4 rows, $1.6B, latest Jun 30, 2025
- Hellman & Friedman LP4 rows, $1.4B, latest Jun 30, 2025
- CVC Advisers Jersey Limited4 rows, $1.4B, latest Jun 30, 2025
- Apax Partners4 rows, $1.3B, latest Jun 30, 2025
- Clayton Dubilier & Rice LLC4 rows, $1.1B, latest Jun 30, 2025
- Kohlberg, Kravis, Roberts & Co., LP4 rows, $1.1B, latest Jun 30, 2025
- Encap Investments LP4 rows, $950M, latest Jun 30, 2025
- TPG Capital Advisors, LLC4 rows, $800M, latest Jun 30, 2025
- Alpinvest US Holdings, LLC3 rows, $2.0B, latest Jun 30, 2025
- First Reserve3 rows, $1.8B, latest Jun 30, 2025
- Strategic Partners Fund Solutions Advisors L.P.3 rows, $1.0B, latest Jun 30, 2025
- Ardian Investment Uk Limited3 rows, $1.0B, latest Jun 30, 2025
- TA Associates3 rows, $980M, latest Jun 30, 2025
- Summit Partners, L.P.3 rows, $850M, latest Jun 30, 2025
- Advent International, L.P.3 rows, $835M, latest Jun 30, 2025
- Francisco Partners3 rows, $800M, latest Jun 30, 2025
- GI Partners3 rows, $700M, latest Jun 30, 2025
- Wcas Management Corporation3 rows, $700M, latest Jun 30, 2025
- Ares Management LLC3 rows, $650M, latest Jun 30, 2025
- Harbourvest Partners LP3 rows, $650M, latest Jun 30, 2025
- Onex Partners Manager LP3 rows, $625M, latest Jun 30, 2025
- Olympus Advisors, LLC2 rows, $600M, latest Jun 30, 2025
- BC Partners LLC2 rows, $587M, latest Jun 30, 2025
- Bain Capital Ventures, LP2 rows, $550M, latest Jun 30, 2025
- Stone Point Capital LLC2 rows, $550M, latest Jun 30, 2025
- BC Partners Advisors L.P.2 rows, $541M, latest Jun 30, 2025
- Blackstone Alternative Credit Advisors LP2 rows, $500M, latest Jun 30, 2025
- Resolute.vc, LLC2 rows, $500M, latest Jun 30, 2025
- Tiger Iron Capital, LLC2 rows, $450M, latest Jun 30, 2025
- Vitruvian Partners LLP2 rows, $414M, latest Jun 30, 2025
- Pag2 rows, $400M, latest Jun 30, 2025
- CVC Capital Partners Advisory Company Limited2 rows, $400M, latest Jun 30, 2025
- Tcv2 rows, $400M, latest Jun 30, 2025
- Peak Rock Capital LLC2 rows, $400M, latest Jun 30, 2025
- JMI Management, L.P.2 rows, $395M, latest Jun 30, 2025
- MBK Management, Inc.2 rows, $355M, latest Jun 30, 2025
- Affinity Equity Partners Limited2 rows, $350M, latest Jun 30, 2025
- HG Capital Management, LLC2 rows, $350M, latest Jun 30, 2025
- Sapphire Ventures, LLC1 rows, $338M, latest Jun 30, 2025
- Riverstone Investment Group LLC1 rows, $300M, latest Jun 30, 2025
- Oaktree Capital Management, LP1 rows, $300M, latest Jun 30, 2025
- Muller & Monroe Asset Management,llc1 rows, $250M, latest Jun 30, 2025
- Intermediate Capital Group, Inc1 rows, $250M, latest Jun 30, 2025
- Centerbridge Partners, LP1 rows, $225M, latest Jun 30, 2025
- Arsenal Capital Management LP1 rows, $200M, latest Jun 30, 2025
- Madison Dearborn Partners1 rows, $200M, latest Jun 30, 2025
- Lone Star Funds1 rows, $200M, latest Jun 30, 2025
- Castlelake L.P.1 rows, $200M, latest Jun 30, 2025
- Energy Capital Partners1 rows, $200M, latest Jun 30, 2025
- RRJ Management Ltd1 rows, $200M, latest Jun 30, 2025
- Nautic Partners, LLC1 rows, $200M, latest Jun 30, 2025
- Equistone1 rows, $158M, latest Jun 30, 2025
Commitments
477 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Jun 30, 2025 | Blackstone Capital Partners V L.P. | Blackstone Management Partners L.L.C. | Private equity | $1.6B | 2006 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | AlpInvest C Fund II LP | Alpinvest US Holdings, LLC | Private equity | $1.0B | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | TPG Partners V, L.P. | TPG Global Advisors, LLC | Private equity | $1.0B | 2006 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Permira IV | unresolved | Private equity | $822M | 2006 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | First Reserve Fund XII, L.P. | First Reserve | Private equity | $800M | 2008 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | First Reserve Fund XI, L.P. | First Reserve | Private equity | $800M | 2006 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Blackstone Capital Partners VIII L.P. | Blackstone Management Partners L.L.C. | Private equity | $750M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | AlpInvest C Fund, L.P. | Alpinvest US Holdings, LLC | Private equity | $725M | 2018 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Providence Equity Partners VI, L.P. | unresolved | Private equity | $700M | 2007 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Hellman & Friedman Partners X | Hellman & Friedman LP | Private equity | $600M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | BC European Capital VIII, L.P. | unresolved | Private equity | $528M | 2005 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Permira VII L.P.1 | Permira Investment Advisers Limited | Private equity | $528M | 2020 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Carlyle Partners VII, L.P. | The Carlyle Group | Private equity | $500M | 2018 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Strategic Partners VIIIsecondary | Strategic Partners Fund Solutions Advisors L.P. | Private equity | $500M | 2019 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Carlyle Partners V, L.P. | The Carlyle Group | Private equity | $500M | 2007 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Cerberus Institutional (Series Four) LP | unresolved | Private equity | $500M | 2007 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Blackstone Core Equity Partners CA - L.P. | Blackstone Management Partners L.L.C. | Private equity | $500M | 2017 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Blackstone Partners IX, L.P. | unresolved | Private equity | $500M | 2025 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | ASF VIII B L.P. | Ardian Investment Uk Limited | Private equity | $500M | 2018 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | CVC Capital Partners VIII (A) L.P. | CVC Advisers Jersey Limited | Private equity | $470M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Summit Prtnrs Growth Eqty XI A | unresolved | Venture | $450M | 2022 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Hellman & Friedman Capital Partners IX, L.P. | Hellman & Friedman LP | Private equity | $450M | 2020 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Blackstone Capital Partners VII L.P. | Blackstone Management Partners L.L.C. | Private equity | $450M | 2016 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | TPG Partners VI, L.P. | TPG Global Advisors, LLC | Private equity | $450M | 2008 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Carlyle Europe Partners III, L.P. | The Carlyle Group | Private equity | $446M | 2007 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Apax Europe VII | Apax Partners | Private equity | $446M | 2007 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Blackstone Core Equity Partners II LP | Blackstone Management Partners L.L.C. | Private equity | $425M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | TA XIV A, LP | TA Associates | Private equity | $400M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | FCO V Expansion Tranche | unresolved | Private equity | $400M | 2020 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | KKR North America XIV SCSp | unresolved | Private equity | $400M | 2025 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Bain Capital Fund X, LP | Bain Capital Ventures, LP | Private equity | $400M | 2008 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Blackstone Partners Asia III | unresolved | Private equity | $400M | 2025 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | CVC Capital Partners IX A LP | CVC Advisers Jersey Limited | Private equity | $376M | 2024 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Blackstone Tactical Opportunities Fund II-S L.P. | unresolved | Private equity | $375M | 2018 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | CVC European Equity Partners V, L.P. | unresolved | Private equity | $370M | 2008 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Permira VIII 1 SCSp | unresolved | Private equity | $364M | 2023 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | CVC European Equity Partners IV, L.P. | unresolved | Private equity | $352M | 2005 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Permira VI, L.P.1 | Permira Investment Advisers Limited | Private equity | $352M | 2016 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Permira Europe II | Permira Investment Advisers Limited | Private equity | $352M | 2000 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Permira Europe III | Permira Investment Advisers Limited | Private equity | $352M | 2004 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | BC Partners VII, L.P. | BC Partners LLC | Private equity | $352M | 2000 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Providence Equity Partners V, L.P. | unresolved | Private equity | $350M | 2005 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Apollo Investment Fund VII, L.P. | Apollo Management, L.P. | Private equity | $350M | 2008 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Olympus Growth Fund VII, L.P. | Olympus Advisors, LLC | Venture | $350M | 2019 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Clayton, Dubilier & Rice Fund XII | Clayton Dubilier & Rice LLC | Private equity | $350M | 2024 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Summit Partners GE XII | Summit Partners, L.P. | Private equity | $350M | 2025 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | TPG Partners IV, L.P. | TPG Global Advisors, LLC | Private equity | $350M | 2003 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Clayton Dubilier Rice XI LP | Clayton Dubilier & Rice LLC | Private equity | $350M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | CalSTRS New&Next Generation Manager Fund IV, L.P. | Sapphire Ventures, LLC | Private equity | $338M | 2017 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | TA Associates XV LP | TA Associates | Private equity | $300M | 2025 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Apollo Investment Fund X L.P. | Apollo Management, L.P. | Private equity | $300M | 2023 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Ares Corporate Opportunities Fund V, L.P. | Ares Management LLC | Private equity | $300M | 2017 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | KKR Asian Fund IV SCSp | Kohlberg, Kravis, Roberts & Co., LP | Private equity | $300M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Apollo Investment Fund IX, L.P. | Apollo Management, L.P. | Private equity | $300M | 2019 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Riverstone/Carlyle Renewable and Alternative Energy Fund II, L.P. | Riverstone Investment Group LLC | Infrastructure | $300M | 2008 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Apax IX USD L.P. | Apax Partners | Private equity | $300M | 2017 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | KKR 2006 Fund L.P. | Kohlberg, Kravis, Roberts & Co., LP | Private equity | $300M | 2007 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | EnCap Energy Capital Fund XI | Encap Investments LP | Private equity | $300M | 2017 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Summit Partners Growth Equity Fund X-A | Summit Partners, L.P. | Venture | $300M | 2020 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Advent International GPE X | Advent International, L.P. | Private equity | $300M | 2022 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | KKR Americas Fund XII L.P. | Kohlberg, Kravis, Roberts & Co., LP | Private equity | $300M | 2017 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Trident X LP | unresolved | Private equity | $300M | 2025 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | GI Partners Fund VI LP | GI Partners | Private equity | $300M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Thoma Bravo Fund XIV | Thoma Bravo | Private equity | $300M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Sankaty Credit Opportunities III, LP | unresolved | Private credit | $300M | 2007 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Thoma Bravo Fund XIII, L.P. | Thoma Bravo | Private equity | $300M | 2019 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Francisco Partners VII A L.P. | Francisco Partners | Private equity | $300M | 2023 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Trident IX, L.P. | Stone Point Capital LLC | Private equity | $300M | 2022 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | New Enterprise Associates 16, LP | NEW Enterprise Associates | Private equity | $300M | 2017 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | OCM Opportunities Fund VIIb, L.P. | Oaktree Capital Management, LP | Private equity | $300M | 2008 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Thoma Bravo Fund XV, L.P. | Thoma Bravo | Private equity | $300M | 2022 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Advent International GPE IX, L.P. | Advent International, L.P. | Private equity | $300M | 2019 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Blackstone Capital Partners VI, L.P. | Blackstone Management Partners L.L.C. | Private equity | $300M | 2011 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Francisco Partners VI, L.P. | Francisco Partners | Private equity | $300M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | CVC Capital Partners VII (A), LP | CVC Advisers Jersey Limited | Private equity | $293M | 2018 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Apax Europe VI - A, L.P. | Apax Partners | Private equity | $293M | 2005 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | BC European Capital X-8 LP | BC Partners Advisors L.P. | Private equity | $293M | 2017 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | TA XIII-A, L.P. | TA Associates | Private equity | $280M | 2019 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | KKR North America XIII SCSp | unresolved | Private equity | $275M | 2022 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Permira V, L.P. | unresolved | Private equity | $264M | 2014 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Thoma Bravo Fund XVI LP | Thoma Bravo | Private equity | $250M | 2025 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Clayton, Dubilier & Rice Fund X, L.P. | Clayton Dubilier & Rice LLC | Private equity | $250M | 2018 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | GSO Capital Opportunities Fund II, LP | Blackstone Alternative Credit Advisors LP | Private equity | $250M | 2011 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | ASF VII B L.P. | Ardian Investment Uk Limited | Private equity | $250M | 2015 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | ASF IX B L.P. | Ardian Investment Uk Limited | Private equity | $250M | 2022 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | CalSTRS Lower Middle Market Fund VI, L.P. | Harbourvest Partners LP | Private equity | $250M | 2018 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Carlyle Asia Partners V, L.P. | The Carlyle Group | Private equity | $250M | 2018 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Apax X USD L.P. | Apax Partners | Private equity | $250M | 2020 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Apollo Investment Fund VI, L.P. | Apollo Management, L.P. | Private equity | $250M | 2006 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Apollo Hybrid Value Fund II LP | Apollo Management, L.P. | Private equity | $250M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | CalSTRS Lower Mid Market VII | unresolved | Private equity | $250M | 2023 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | GI Partners V, L.P. | GI Partners | Private equity | $250M | 2018 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | The Resolute Fund VI, L.P. | Resolute.vc, LLC | Private equity | $250M | 2024 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Welsh, Carson, Anderson & Stowe XI, L.P. | Wcas Management Corporation | Private equity | $250M | 2009 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Thoma Bravo Fund XII, L.P. | Thoma Bravo | Private equity | $250M | 2016 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | CalSTRS-M2 Private Equity Fund-of-Funds III, L.P.fund of funds | Muller & Monroe Asset Management,llc | Private equity | $250M | 2018 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Strategic Partners Fund VII, L.P. | Strategic Partners Fund Solutions Advisors L.P. | Private equity | $250M | 2016 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Strategic Partners IX L.P.secondary | Strategic Partners Fund Solutions Advisors L.P. | Private equity | $250M | 2022 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Tiger Iron Redwood Fund II LP | Tiger Iron Capital, LLC | Private equity | $250M | 2023 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Centerbridge Capital Partners III, L.P. | unresolved | Private equity | $250M | 2015 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Centerbridge Special Credit Partners II, L.P. | unresolved | Private credit | $250M | 2012 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | M2 PE Fund Of Funds IV, L.P.fund of funds | unresolved | Private equity | $250M | 2023 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Olympus Growth Fund VI, L.P. | Olympus Advisors, LLC | Venture | $250M | 2014 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | PAG Asia III LP | Pag | Private equity | $250M | 2019 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Sixth Street TAO Partners (B) LP | unresolved | Private equity | $250M | 2020 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Olympus Growth Fund VIII, L.P. | unresolved | Venture | $250M | 2025 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Carlyle Partners VI, L.P. | The Carlyle Group | Private equity | $250M | 2013 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | GSO Capital Solutions Fund III LP | Blackstone Alternative Credit Advisors LP | Private credit | $250M | 2018 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | AlpInvest Co-Investment Fund (Onshore) VIII, L.P.co investment | Alpinvest US Holdings, LLC | Private equity | $250M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Onex Partners V, L.P. | Onex Partners Manager LP | Private equity | $250M | 2019 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Sankaty Credit Opportunities IV, L.P. | unresolved | Private credit | $250M | 2008 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | GSO Capital Opportunities Fund III | unresolved | Private equity | $250M | 2016 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | CalSTRS New&Next Gen. Manager Fund III | unresolved | Private equity | $250M | 2012 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | EnCap Energy Capital Fund VII, L.P. | Encap Investments LP | Private equity | $250M | 2007 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Centerbridge Special Credit Partners, LP | unresolved | Private credit | $250M | 2009 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | ICG Strategic Equity Fund IV | Intermediate Capital Group, Inc | Private equity | $250M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Blackstone Tactical Opportunities Fund - S L.P. | unresolved | Private equity | $250M | 2017 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | WCAS XIII, L.P. | Wcas Management Corporation | Private equity | $250M | 2019 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | The Resolute Fund V, L.P. | Resolute.vc, LLC | Private equity | $250M | 2021 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | Blackstone Energy Partners III L.P. | Blackstone Management Partners L.L.C. | Private equity | $250M | 2020 | Disclosed holding | calstrs.com |
Size and funding
40 readings
What changed
488 events
- Sep 16, 2026Re-up prospectreport dateinferenceCalifornia State Teachers' Retirement System holds New Enterprise Associates 18 ($40M); the manager is raising: New Enterprise Associates 19, L.P. (fundraising, seen 2026-09-16); no commitment to it on the graphwith NEW Enterprise Associatesno URL
- Sep 16, 2026Re-up prospectreport dateinferenceCalifornia State Teachers' Retirement System holds Spark Capital Growth Fund V ($20M); the manager is raising: Spark Capital Growth Fund VI, L.P. (fundraising, seen 2026-09-16); no commitment to it on the graphwith Spark Capitalno URL
- Sep 16, 2026Re-up prospectreport dateinferenceCalifornia State Teachers' Retirement System holds Spark Capital Fund VIII ($10M); the manager is raising: Spark Capital IX, L.P. (fundraising, seen 2026-09-16); no commitment to it on the graphwith Spark Capitalno URL
- Sep 16, 2026Re-up prospectreport dateinferenceCalifornia State Teachers' Retirement System holds Francisco Partners VII A L.P. ($300M); the manager is raising: Francisco Partners VIII, L.P. (fundraising, seen 2026-09-16); no commitment to it on the graphwith Francisco Partnersno URL
- Sep 14, 2026Re-up prospectreport dateinferenceCalifornia State Teachers' Retirement System holds Oak HC FT Partners V LP ($100M); the manager is raising: Oak HC/FT Partners VI, L.P. (fundraising, first ADV report 2026-09-14); no commitment to it on the graphwith OAK Hcft Management Company LLCno URL
- Jan 29, 2026Search openedCalifornia State Teachers' Retirement System (CalSTRS) opens a Private Equity Consultant search
- Nov 12, 2025Search openedCalifornia State Teachers' Retirement System (CalSTRS) opens a Financial Consultant search
- Jun 30, 2025Allocation target changedCalifornia State Teachers' Retirement System cut its Public Equity target 41.0% -> 40.0% (2024-06-30 to 2025-06-30)
- Jun 30, 2025Allocation target changedCalifornia State Teachers' Retirement System raised its Fixed Income target 12.0% -> 13.0% (2024-06-30 to 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports TPG Partners IV, L.P.: $350M committed (TPG Global Advisors, LLC) (as of 2025-06-30)with TPG Global Advisors, LLCcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports OrbiMed Private Investments IV, L.P.: $40M committed (Orbimed Advisors LLC) (as of 2025-06-30)with Orbimed Advisors LLCcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Yucaipa Corporate Initiatives Fund: $150M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Blackstone Capital Partners Asia II: $250M committed (Blackstone Management Partners L.L.C.) (as of 2025-06-30)with Blackstone Management Partners L.L.C.calstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Thoma Bravo Fund XIII, L.P.: $300M committed (as of 2025-06-30)with Thoma Bravocalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Tenex Capital Partners IV: $125M committed (Tenex Capital Management, L.P.) (as of 2025-06-30)with Tenex Capital Management LPcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Blackstone Energy Partners IV: $93M committed (Blackstone Management Partners L.L.C.) (as of 2025-06-30)with Blackstone Management Partners L.L.C.calstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Sixth Street Cap Solutions (A): $100M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Oak HC FT Partners V LP: $100M committed (OAK Hcft Management Company LLC) (as of 2025-06-30)with OAK Hcft Management Company LLCcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Quadrangle Capital Partners II, L.P.: $100M committed (Quadrangle Group LLC) (as of 2025-06-30)with Quadrangle Group LLCcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Ares Corporate Opportunities Fund IV, L.P.: $150M committed (Ares Management LLC) (as of 2025-06-30)with Ares Management LLCcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports VantagePoint Venture Partners 2006 (Q): $100M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Olympus Growth Fund VII, L.P.: $350M committed (Olympus Advisors, LLC) (as of 2025-06-30)with Olympus Advisors, LLCcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports EnCap Energy Capital Fund VIII, L.P.: $200M committed (Encap Investments L.P.) (as of 2025-06-30)with Encap Investments LPcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Blackstone Tactical Opportunities Fund II-S L.P.: $375M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports CVC Capital Partners Asia Pacific III LP: $200M committed (CVC Capital Partners Advisory Company Limited) (as of 2025-06-30)with CVC Capital Partners Advisory Company Limitedcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Alta Communications IX, L.P.: $40M committed (Alta Communications, Inc.) (as of 2025-06-30)with Alta Communications, Inc.calstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Blackstone Partners Asia III: $400M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Littlejohn Fund V, L.P.: $75M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Ares Corporate Opportunities VI, L.P.: $200M committed (Ares Management LLC) (as of 2025-06-30)with Ares Management LLCcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Thoma Bravo Special Opps Fund I, L.P.: $31M committed (as of 2025-06-30)with Thoma Bravocalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Blackstone Core Equity Partners II LP: $425M committed (Blackstone Management Partners L.L.C.) (as of 2025-06-30)with Blackstone Management Partners L.L.C.calstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports FP Credit Partners III Aggregator, L.P.: $100M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Summit Partners Growth Equity Fund X-A: $300M committed (Summit Partners, L.P.) (as of 2025-06-30)with Summit Partners, L.P.calstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports PAG Asia I LP: $125M committed (as of 2025-06-30)with Pagcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Gores Small Capitalization Partners, L.P.: $30M committed (The Gores Group, LLC) (as of 2025-06-30)with The Gores Group, LLCcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Ares Special Opportunities Fund, L.P.: $50M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Bain Capital Fund X, LP: $400M committed (Bain Capital Ventures, LP) (as of 2025-06-30)with Bain Capital Ventures, LPcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports InterWest Partners IX, L.P.: $40M committed (as of 2025-06-30)with Interwest Partnerscalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Summit Partners Credit Fund B-2, L.P.: $120M committed (Summit Partners, L.P.) (as of 2025-06-30)with Summit Partners, L.P.calstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports GGV Capital VII Plus L.P.: $12M committed (GGV Capital LLC) (as of 2025-06-30)with GGV Capital LLCcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports BC Partners XI GE 2 LP: $235M committed (BC Partners LLP) (as of 2025-06-30)with BC Partners LLCcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Centerbridge Special Credit Partners III, L.P.: $38M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports IVP XVII L.P.: $100M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Blackstone Capital Partners VII L.P.: $450M committed (Blackstone Management Partners L.L.C.) (as of 2025-06-30)with Blackstone Management Partners L.L.C.calstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports New Enterprise Associates 16, LP: $300M committed (as of 2025-06-30)with NEW Enterprise Associatescalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Permira V, L.P.: $264M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports TA XI, L.P.: $80M committed (TA Associates) (as of 2025-06-30)with TA Associatescalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports BCP Tac Ops III S (Surge) LP: $62M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Summit Partners Europe Growth Equity Fund II, SCSP: $59M committed (Summit Partners, L.P.) (as of 2025-06-30)with Summit Partners, L.P.calstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Frazier Healthcare Growth XI: $100M committed (Frazier Healthcare Partners) (as of 2025-06-30)with Frazier Healthcare Partnerscalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Shasta Ventures III, L.P.: $26M committed (as of 2025-06-30)with Shasta Venturescalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Strategic Investors Fund VIII-B, L.P.: $40M committed (SVB Capital) (as of 2025-06-30)with SVB Capitalcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Arsenal Capital Partners Growth LP: $50M committed (Arsenal Capital Management LP) (as of 2025-06-30)with Arsenal Capital Management LPcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports M2 Private Equity Fund-of-Funds II, L.P.: $100M committed (Muller & Monroe Asset Management,llc) (as of 2025-06-30)with Muller & Monroe Asset Management,llccalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Blue Run Ventures IV, L.P.: $24M committed (as of 2025-06-30)
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports ICV Partners IV, L.P.: $60M committed (ICV Partners, LLC) (as of 2025-06-30)with ICV Partners, LLCcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Advent Global Technology L.P.: $100M committed (Advent International, L.P.) (as of 2025-06-30)with Advent International, L.P.calstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Arsenal Capital Partners VI LP: $200M committed (Arsenal Capital Management LP) (as of 2025-06-30)with Arsenal Capital Management LPcalstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports Summit Subordinated Debt Fund IV, L.P.: $40M committed (Summit Partners, L.P.) (as of 2025-06-30)with Summit Partners, L.P.calstrs.com
- Jun 30, 2025Commitment disclosedreport dateCalifornia State Teachers' Retirement System reports VIP IV LP: $235M committed (Vitruvian Partners LLP) (as of 2025-06-30)with Vitruvian Partners LLPcalstrs.com
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 225913
Cross-graph: private equity LP tape (cited), venture LP tape (cited)
First observed Sep 15, 2026, last observed Sep 16, 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.