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New Jersey Division of Investment

Public investment pool· Trenton, New Jerseynj.gov

Public investment pool, based in Trenton, New Jersey, reporting $92B in assets.

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

Assets
$92B
Private allocation
39.0%
Fund commitments
164
Managers
62
As of · the latest dated event for this allocator; each figure carries its own filing or report date

What matters now

  1. 1
    re-up prospects

    1 re-up prospect was flagged in the last twelve months: a manager 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 →

59 more managers, 162 more commitments and 167 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
  • Chairperson
    Why: Board member
    No route on file yet

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
New Jersey Division of Investment
Managers
All 62

Relationship network

254 connected entities165 observed commitments29 repeat counterparties$25B disclosed commitments (165 commitments)18 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
  • Organization
  • 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 investment poolShow
Public investment pool
Assets
$92B
Total assets, Jun 30, 2023 derived
Funded
no pension liability
not filed
Private markets target
39.0%
policy Oct 1, 2023
Commitments
164
56 managers on Schedule C

Allocation policy

ACFR, as of Oct 1, 2023
Asset class (as printed)BucketTargetRangeActualGapBasis
Cash equivalentsCash2.0%reported nj.gov
High yieldFixed income4.5%reported nj.gov
U.S. treasuriesFixed income4.0%reported nj.gov
Risk mitigation strategiesHedge / diversifiers3.0%reported nj.gov
Investment grade creditPrivate credit7.0%reported nj.gov
Private creditPrivate credit8.0%reported nj.gov
Private equityPrivate equity13.0%reported nj.gov
Emerging markets equityPublic equity5.5%reported nj.gov
International small cap equityPublic equity1.3%reported nj.gov
Non-U.S. developed markets equityPublic equity12.8%reported nj.gov
U.S. equityPublic equity28.0%reported nj.gov
Real assetsReal assets3.0%reported nj.gov
Real estateReal estate8.0%reported nj.gov

Consultants and advisers

2 firms
  • Segal Actuarythrough Jun 30, 2024 ACFR
  • Cheiron Actuarythrough Jun 30, 2024 ACFR

People

1 role

No one at this allocator holds a chief investment officer, executive director or asset-class head role on record yet; everyone named is listed below.

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

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

+59 more managers received commitments

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

What changed

172 events
  • Nov 12, 2026Re-up prospect resolvedreport dateinference
    Re-up prospect for Onex Partners VI B LP: condition no longer holds; not judged
    with Onex Partners Manager LP
  • Nov 4, 2026Re-up prospectreport dateinference
    New Jersey Division of Investment holds Onex Partners V-B, L.P. ($100M); the manager is raising: Onex Partners VI B LP (fundraising, seen 2026-11-04); no commitment to it on the graph
    with Onex Partners Manager LP
  • Sep 24, 2026Re-up prospect resolvedreport dateinference
    Re-up prospect for Stellex Capital Partners III LP: condition no longer holds; not judged
    with Stellex Capital
  • May 31, 2026Commitment disclosedreport date
    New Jersey Division of Investment reports The Rise Fund (A), L.P.: $75M committed (TPG Capital Advisors, LLC) (as of 2026-05-31)
    with TPG Capital Advisors, LLCnj.gov
  • May 31, 2026Commitment disclosedreport date
    New Jersey Division of Investment reports Bain Capital Life Sciences Fund IV. L.P.: $150M committed (as of 2026-05-31)
    with Bain Capital Life Sciencesnj.gov

+167 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

165 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of May 31, 2026SONJ Private Opportunities Fund II, L.P.Blackrock Capital Investment Advisors, LLCPrivate equity$1.3B2008Disclosed holdingnj.gov
as of May 31, 2026New Jersey Asia Investors Evergreen, LPAsia Alternatives Management LLCPrivate equity$600M2023Disclosed holdingnj.gov
as of May 31, 2026Lexington Global Feeder NJ, L.P.unresolvedPrivate equity$600M2025Disclosed holdingnj.gov

+162 more commitments

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

Size and funding

1 reading
Total assets
$92B Jun 30, 2023 derived DFX analyst

Commitment history

21 decisions the board record started
VehicleManagerAmountStateProposedApprovedClosedFirst reportedOther LPs
Strategic Value Special Situations Feeder Fund VI, L.P.Strategic Value Partners, LLC$100MproposedJan 29, 2025----
Gridiron Capital Fund VI, L.P.Gridiron Capital$100MproposedJan 28, 2026----
Wind Point Partners Xi-A, L.P.Wind Point Partners$150MproposedJan 28, 2026----

+18 more board decisions

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

Provenance

Identifiers: none on file
Cross-graph: private equity LP tape (cited), venture LP tape (cited)
First observed Sep 15, 2026, last observed Nov 14, 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.
Across the graphs

New Jersey Division of Investment is the same institution as 1 record in Venture Capital.

Venture Capital1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Capital chain

New Jersey Division of Investment sits on 481 traced paths of capital across the graphs.

Allocator commitments to a managerAllocator to PE fund to manager to companyAllocator to credit manager to facility to borrowerAllocator to VC fund to manager to company

DFX traced 481 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

173 dated events on the change ledger, latest event first
  • Re up prospect resolved
    2026-11-12
  • Re up prospect
    2026-11-04
  • Re up prospect resolved
    2026-09-24

+170 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

+210 connections on the graph