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
Orange County Employees Retirement System
Public pensionmunicipalCA
Assets
$22B
Total assets, Jun 30, 2024 reported
Funded
n/a
not filed
Private markets target
28.0%
policy Dec 31, 2025
Commitments
0
none on the tape
Allocation policy
ACFR, as of Dec 31, 2025
| Asset class (as printed) | Bucket | Target | Range | Actual | Gap | Basis |
|---|---|---|---|---|---|---|
| Cash | Cash | 0.0% | 0% to 5% | 5.0% | +5.0 | reported ocers.org |
| Income Strategies | Fixed income | 17.0% | 12% to 22% | 15.0% | -2.0 | reported ocers.org |
| Risk Mitigation | Hedge / diversifiers | 10.0% | 6% to 14% | 7.0% | -3.0 | reported ocers.org |
| Unique Strategies | Other | 0.0% | 0% to 5% | 1.0% | +1.0 | reported ocers.org |
| Private Equity | Private equity | 15.0% | 10% to 20% | 18.0% | +3.0 | reported ocers.org |
| Global Public Equity | Public equity | 45.0% | 38% to 52% | 42.0% | -3.0 | reported ocers.org |
| Real Assets | Real assets | 13.0% | 8% to 18% | 12.0% | -1.0 | reported ocers.org |
Consultants and advisers
5 firms
- Meketa Investment Group Inc. General consultantthrough Dec 31, 2025 ACFR
- Aksia LLC Private equity consultantthrough Dec 31, 2025 ACFR
- The Townsend Group Real estate consultantthrough Dec 31, 2025 ACFR
- Segal Actuarythrough Dec 31, 2025 ACFR
- State Street Bank & Trust Company Custodianthrough Dec 31, 2025 ACFR
People
1 roles
- Steve Delaney Chief Executive OfficerExecutive director / CEO
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
4 events
- Jun 30, 2024Assets changedOrange County Employees Retirement System fiduciary net position $19.7B -> $21.8B (+10.7%, 2023-06-30 to 2024-06-30)
- Jun 30, 2024Assets changedOrange County Employees Retirement System total assets $20.1B -> $22.0B (+9.2%, 2023-06-30 to 2024-06-30)
- Jun 30, 2023Assets changedOrange County Employees Retirement System fiduciary net position $21.9B -> $19.7B (-10.2%, 2022-06-30 to 2023-06-30)
- Jun 30, 2023Assets changedOrange County Employees Retirement System total assets $22.9B -> $20.1B (-12.1%, 2022-06-30 to 2023-06-30)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 188667
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.