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.

Foundation

H E Butt Foundation

FoundationKerrville, TX
Assets
$762M
Total assets, Dec 31, 2024 reported
Funded
n/a
not filed
Private markets target
n/a
no policy read
Commitments
66
16 managers on Schedule C
Allocation policy
No allocation policy has been read for this allocator yet. Public systems get theirs from the ACFR; corporate plans from the sponsor’s 10-K; plans from Schedule H lines.
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
16 managers on the commitment tape
From the plan’s own commitment disclosures
Commitments
66 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024CORAL TREE PARTNERS, LPCoral Tree Management, LPPrivate equity$2.3M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024SEARCHLIGHT CAPITAL III (FC) AIV, LPSearchlight Capital AivPrivate equity$1.5M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024MONTAUK TRIGUARD FUND VITriguard Management LLCPrivate equity$685,870 heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024DCM PRIVATE EQUITY FUND IIIDupont Capital ManagementPrivate equity$777,891 heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024TIGER INFRASTRUCTURE PARTNERS FUND IIITiger Infrastructure Partners LPInfrastructure$5.3M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024SEARCHLIGHT CAPITAL III FEY, LPSearchlight Capital PartnersPrivate equityn/aDisclosed holdingapps.irs.gov
as of Dec 31, 2024BLUE LAKE CAPITAL FUND IIIBLC Advisors, Ltd.Private equity$2.3M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024LIVEOAK VENTURE PARTNERS IIILiveoak Management Services, LLCVenture$1.3M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024KAYNE PRIVATE ENERGY INCOME FUNDKayne Anderson Capital Advisors LPNatural resources$2.5M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024ADAMS STREET CO-INVESTMENT FUND VAdams Street InvestmentPrivate equity$6.4M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024AG CORE PLUS REALTY FUND IVAG Core Plus RealtyReal estate$1.5M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024BAIN CAPITAL SPECIAL SITUATIONS ASIA IIBain Capital Special Situations AsiaPrivate credit$3.8M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024BLACKROCK TRUST MSCI EAFE FUNDBlackrock Msci EafePrivate equity$37.5M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024BLACKROCK TRUST R300 FUNDBlackrock R300Private equity$85.2M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024BOW RIVER CAPITAL RE IIIBOW River Capital RePrivate equity$4.8M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024CARVAL CREDIT VALUE FUNDCarval Credit ValuePrivate credit$3.0M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024CH-IP PX3 (ALAMO), LLCCH Ip Px3Private equity$4.1M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024COHO FUNDCohoPrivate equity$31.8M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024COLLINS CAPITAL LOW VOLATILITYCollins Capital Low VolatilityPrivate equity$9,340 heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024CROW HOLDINGS REALTY PARTNERS X, LPCrow RealtyReal estate$2.1M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024ARBORETUM VENTURES VIArboretum VenturesPrivate equity$1.5M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024BLUE LAKE CAPITAL OPPORTUNITY FUND IBLC Advisors, Ltd.Private equity$870,692 heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024ARBOUR LANE CREDIT OPPORTUNITY FUND IIIArbour Lane Capital Management LPPrivate credit$5.9M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024CROWN DISCOVERY OPPORTUNITIES S.C.SP.Crown Discovery SpPrivate equity$795,494 heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024CROWN GROWTH OPPORTUNITIES EUROPECrown Growth EuropePrivate equity$6.3M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024EMERGING (FREE) MARKETS COUNTRY FUNDEmerging Markets CountryPrivate equity$20.6M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024FRONTENAC XII PRIVATE CAPITALFrontenac Private CapitalPrivate equity$5.5M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024GEORGIAN PARTNERS GROWTH FUND IVGeorgian GrowthPrivate equity$4.7M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024GLENDOWER CAPITAL SECONDARY FUND IVGlendower Capital SecondaryPrivate equity$3.2M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024GLOUSTON (FORMERLY PERMAL) PRIVATE EQUITY FUNDGlouston Private EquityPrivate equity$86,898 heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024GOLDENTREE DISTRESSED FUND IIIGoldentree DistressedPrivate credit$1.5M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024GOLDENTREE DISTRESSED FUND IVGoldentree DistressedPrivate credit$2.4M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024GOLDENTREE DISTRESSED COINVEST FUND IIIGoldentree DistressedPrivate credit$1.6M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024GQG PARTNERS GLOBAL EQUITY FUNDGQG Global EquityPublic equity$36.8M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024EMK CAPITAL PARTNERSEMK Capital LLPPrivate equity$3.4M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024GRAIN COMMUNICATIONS OPPORTUNITY FUND IVGrain CommunicationsPrivate equity$1.9M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024ICG EUROPE FUNDICG EuropePrivate equity$3.3M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024IPI PARTNERS III (NAME CHANGE "BLUE OWL INFRASTRUCTURE FUND III)IpiInfrastructure$2.0M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024KAYNE PRIVATE ENERGY INCOME FUND IIIKayne Private Energy IncomeNatural resources$648,408 heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024KLCP OFFSHORE FUND IIKlcpPrivate equity$6.2M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024KLCP OFFSHORE FUND IIIKlcpPrivate equity$5.2M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024LINDSELL TRAIN GLOBAL EQUITY LLCLindsell Train Global EquityPublic equity$37.3M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024LIVEOAK FUND ILiveoakPrivate equity$1.2M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024MADISON REALTY CAPITAL DEBT FUNDMadison Realty Capital DebtPrivate credit$3.0M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024METROPOLITAN REAL ESTATEMetropolitan Real EstateReal estate$556,389 heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024MONROE CAPITALMonroe CapitalPrivate equity$3.6M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024INSIGNIA CAPITAL PARTNERS L.P.Insignia Capital Group, L.P.Private equity$2.3M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024NCS GLOBAL FUNDNCS GlobalPrivate equity$36.7M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024OAKTREE REAL ESTATEOaktree Real EstateReal estate$1.3M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024PARTNERS GROUP DIRECT EQUITYGroup Direct EquityPublic equity$4.0M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024PARTNERS GROUP DIRECT EQUITY VGroup Direct EquityPublic equity$1.2M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024POLUNIN COMMINGLED FUNDSPolunin CommingledPrivate equity$10.9M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024SPICEWOOD MINERAL PARTNERS FUND II, LPSpicewood MineralPrivate equity$1.8M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024THOMA BRAVO FUND XV-AThoma BravoPrivate equity$10.2M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024STEPSTONE VC OPPORTUNITIES IIIGreenspring Associates, LLCPrivate equity$679,336 heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024STEPSTONE VC SECONDARIES FUND VStepstone Group LPPrivate equity$10.7M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024RADICAL VENTURES GROWTH FUND IRadical VenturesPrivate equity$502,185 heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024SEARCHLIGHT CAPITAL III OPT, LPSearchlight Capital PartnersPrivate equity$1.7M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024SEARCHLIGHT CAPITAL III, LPSearchlight Capital PartnersPrivate equity$3.8M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024TORTOISE COMMINGLED MLP FUNDTortoise Commingled MlpPrivate equity$3.8M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024TOWNSQUARE REAL ESTATE ALPHA FUNDTownsquare Real Estate AlphaReal estate$101,847 heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024TRIVE CAPITALTrive CapitalPrivate equity$7.3M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024VWH OFFSHORE FUNDVwhPrivate equity$2.4M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024WGI DEVELOPED MARKETS EX-US FUNDWGI Developed Markets Ex USPrivate equity$17.2M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024VANCE STREET CAPITAL IIIVance Street Capital LLCPrivate equity$6.2M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024VOLTA ENERGY STORAGE FUND IIVolta Energy Technologies, LLCNatural resources$868,974 heldDisclosed holdingapps.irs.gov
Size and funding
3 readings
Total assets
$874M Dec 31, 2024 reported IRS 990
$762M (2024-12)
Income
$147M Dec 31, 2024 reported IRS BMF
What changed
No dated events yet.
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN 741239819
Cross-graph: family office graph (shared ein)
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.