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.
Public pension
San Mateo County Employees Retirement Association
Public pensionmunicipalCA
Assets
$6.5B
Total assets, Jun 30, 2024 reported
Funded
n/a
not filed
Private markets target
35.0%
policy Jun 30, 2025
Commitments
0
none on the tape
Allocation policy
ACFR, as of Jun 30, 2025
| Asset class (as printed) | Bucket | Target | Range | Actual | Gap | Basis |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | Cash | 1.0% | 2.2% | +1.2 | reported content.samcera.gov | |
| Cash Flow Matched | Cash | 4.5% | 3.4% | -1.1 | reported content.samcera.gov | |
| Defensive Fixed | Fixed income | 12.5% | 12.6% | +0.1 | reported content.samcera.gov | |
| Absolute Return | Hedge / diversifiers | 6.0% | 5.2% | -0.8 | reported content.samcera.gov | |
| Cash Overlay | Hedge / diversifiers | 0.0% | -1.1% | -1.1 | reported content.samcera.gov | |
| Opportunistic Credit | Private credit | 11.0% | 11.2% | +0.2 | reported content.samcera.gov | |
| Private Equity | Private equity | 7.0% | 7.0% | +0.0 | reported content.samcera.gov | |
| Domestic Equity | Public equity | 23.0% | 24.2% | +1.2 | reported content.samcera.gov | |
| International Equity | Public equity | 18.0% | 17.7% | -0.3 | reported content.samcera.gov | |
| Private Real Assets | Real assets | 5.0% | 5.9% | +0.9 | reported content.samcera.gov | |
| Public Real Assets | Real assets | 3.0% | 4.4% | +1.4 | reported content.samcera.gov | |
| Real Estate | Real estate | 9.0% | 7.3% | -1.7 | reported content.samcera.gov |
Consultants and advisers
3 firms
- Verus Advisory, Inc. General consultantthrough Jun 30, 2025 ACFR
- Milliman, Inc. Actuarythrough Jun 30, 2025 ACFR
- Northern Trust Co. Custodianthrough Jun 30, 2025 ACFR
People
5 roles
Chief investment officer
Michael Coultrip
Chief Investment Officer (Jun 30, 2025) content.samcera.gov
CHIEF INVESTMENT OFFICER ASSISTANT EXECUTIVE OFFICER CHIEF LEGAL COUNSEL
Michael Coultrip Gladys Smith Paul Okada
- Alma Salas ChairBoard chair
- Scott Hood Chief Executive OfficerExecutive director / CEO
- Doris Ng Investment AnalystInvestment officer
- Lilibeth Dames Investment AnalystInvestment officer
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
What changed
No dated events yet.
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 100640
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.