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.

Corporate pension

The Citigroup Pension Plan

Corporate pensionStamford, CT
Assets
$10.0B
Total assets, Dec 31, 2024 reported
Funded
91.7%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
33
7 managers on Schedule C
Plan sponsor: Citigroup Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.2%
  • Non-interest-bearing cash 0.5%
  • Corporate debt instruments (other) 48.6%
  • U.S. Government securities 4.9%
  • Insurance company general account 0.0%
  • Other investments 3.2%
  • Partnership/joint venture interests 26.1%
  • Common/collective trusts 4.4%
  • Registered investment companies 5.1%
  • Common stock 0.1%
  • Preferred stock 5.8%
Consultants and advisers
12 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
6 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
33 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Eafe Equity Index Fundcollective trustBlackrockPublic equity$1.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Equity Index Fundcollective trustWells FargoPublic equity$1.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Msci Emerging Markets Free Fundcollective trustBlackrock Institutional Trust Company, N.A.Public equity$1.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024US Real Estate Sec Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Real estate$547,078 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ishares Russell 2000 Index Coll Fndcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$1.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Collective Trust Government Stifcollective trustBNY MellonPooled vehicles$271M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Short-Term Investment Fundcollective trustBlackrock Institutional Trust Company, N.A.Cash$1,146 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Blackrock Msci World Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$1.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Fiam Tactical Bond Commingled Fundcollective trustFidelity Institutional Asset MgmtHedge / diversifiers$166M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Eafe Equity Index Fundcollective trustBlackrockPublic equity$1.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Wtc-Cif II Citgrp Emrgn Mkts Dbt Pfcollective trustWellington FdPooled vehicles$54.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Equity Index Fundcollective trustWells FargoPublic equity$1.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Long Term Credit Bond Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Private credit$234M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Msci Emerging Markets Free Fundcollective trustBlackrock Institutional Trust Company, N.A.Public equity$1.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Loomis Sayles Core Plus Fixed Incomcollective trustLoomis SaylesFixed income$93.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023US Real Estate Sec Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Real estate$506,638 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ishares Russell 2000 Index Coll Fndcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$1.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Collective Trust Government Stifcollective trustBNY MellonPooled vehicles$209M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Short-Term Investment Fundcollective trustBlackrock Institutional Trust Company, N.A.Cash$1,085 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Blackrock Msci World Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$1.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Fiam Tactical Bond Commingled Fundcollective trustFidelity Institutional Asset MgmtHedge / diversifiers$162M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Eafe Equity Index Fundcollective trustBlackrockPublic equity$1.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Wtc-Cif II Citgrp Emrgn Mkts Dbt Pfcollective trustWellington FdPooled vehicles$49.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Equity Index Fundcollective trustWells FargoPublic equity$1.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Long Term Credit Bond Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Private credit$407M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Msci Emerging Markets Free Fundcollective trustBlackrock Institutional Trust Company, N.A.Public equity$1.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Loomis Sayles Core Plus Fixed Incomcollective trustLoomis SaylesFixed income$87.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022US Real Estate Sec Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Real estate$444,206 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ishares Russell 2000 Index Coll Fndcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$875,074 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Collective Trust Government Stifcollective trustBNY MellonPooled vehicles$291M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Short-Term Investment Fundcollective trustBlackrock Institutional Trust Company, N.A.Cash$1,032 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Blackrock Msci World Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$943,627 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Fiam Tactical Bond Commingled Fundcollective trustFidelity Institutional Asset MgmtHedge / diversifiers$151M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$10.0B Dec 31, 2024 reported Form 5500
$11B (2023-12) · $11B (2022-12)
Plan assets
$10B Jan 1, 2024 reported Form 5500
$10B (2023-01) · $13B (2022-01)
Net assets
$9.8B Dec 31, 2024 reported Form 5500
$10B (2023-12) · $10B (2022-12)
Funded ratio
91.7% Jan 1, 2024 reported Form 5500
93.3% (2023-01) · 103.3% (2022-01)
Funding target
$8.8B Jan 1, 2024 reported Form 5500
$9.2B (2023-01) · $9.5B (2022-01)
Discount rate
5.07% Jan 1, 2024 reported Form 5500
5.13% (2023-01) · 5.30% (2022-01)
Participants
124,841 Jan 1, 2024 reported Form 5500
129,539 (2023-01) · 134,727 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$863M Dec 31, 2024 reported Form 5500
$859M (2023-12) · $910M (2022-12)
Net investment income
$-483M Dec 31, 2024 reported Form 5500
$-25.4M (2023-12) · $-2.9B (2022-12)
Investment management fees
$46.6M Dec 31, 2024 reported Form 5500
$45.5M (2023-12) · $32.9M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024124,841$10B$8.8B91.7%$10.0B$2.6Bn/an/a
2023 to Dec 31, 2023129,539$10B$9.2B93.3%$11B$2.7Bn/an/a
2022 to Dec 31, 2022134,727$13B$9.5B103.3%$11B$2.6Bn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
45 events
  • Dec 31, 2024Holding endedinference
    The Citigroup Pension Plan no longer reports Long Term Credit Bond Index Fund (last held $234M at 2023-12-31; absent from the 2024-12-31 filing)
    with Long Term Credit Bond Index Fundaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    The Citigroup Pension Plan no longer reports Loomis Sayles Core Plus Fixed Incom (Loomis Sayles) (last held $93M at 2023-12-31; absent from the 2024-12-31 filing)
    with Loomis Saylesaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    The Citigroup Pension Plan no longer reports Wtc-Cif II Citgrp Emrgn Mkts Dbt Pf (Wellington Fd) (last held $55M at 2023-12-31; absent from the 2024-12-31 filing)
    with Wellington Fdaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Prologis, L.P no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Prologis, L.Paskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Napier Park Global Capital (US) LP appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Napier Park Global Capital (US) LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Warburg Pincus LLC no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Warburg Pincusaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Fisher Investment no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Fisher Investmentaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Hoisington Invt Mgmt no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Hoisington Investment Management Coaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Livingbridge Ep LLP no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Livingbridge Ep LLPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    SSI Invest Mgmt LLC no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with SSI Invest Mgmt LLCaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Bloomberg L.P. appears on The Citigroup Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with Bloomberg L.P.askebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Index Venture no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Index Ventureaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    JLL V appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with JLL Vaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    GSO Energy Market Opportunities Fun appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with GSO Energy Market Opportunities Funaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Apollo Energy Oppor Mgmt, LLC no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Apollo Energy Oppor Mgmt, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Macquarie appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Macquarie Groupaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Aubrey Capital Management no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Aubrey Capital Managementaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Hudson Advisors L.P. no longer appears on The Citigroup Pension Plan's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)
    with Hudson Advisors LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Insight Investment appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Insight Investmentaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Churchill Asset Management LLC no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Churchill Asset Managment LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Haddington III appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Haddington IIIaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Principal Asset Management appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Principal Asset Managementaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    MTP Energy Management LLC no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with MTP Energy Management LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Arclight Energy III no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Arclight Energy IIIaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Prologis, L.P appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Prologis, L.Paskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Washington Harbour Partners LP no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Washington Harbour Partners LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Orbimed Capital GP III no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Orbimed Capital GP IIIaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Benson Elliot Capital Mgmt LLP appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Benson Elliot Capital Mgmt LLPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Principal Digital no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Principal Digitalaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    IK Partners appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with IK Partnersaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    IK Viii no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with IK Viiiaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Wellspring IV no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Wellspring IVaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Elda River Capital Management, LLC appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Elda River Capital Management, LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Encap Energy Capital Fund Xi,l.p appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Encap Energy Capital Fund Xi,l.paskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Macquarie no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Macquarie Groupaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Contrarian Dre III Management LLC appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Contrarian Dre III Management LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Linden Advisors LP no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Linden Advisors LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Jones Lang Lasalle Incorporated no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Jones Lang Lasalle Incorporatedaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    FTV III no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with FTV IIIaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Taconic Capital Advisors, LLC no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Taconic Capital Advisors LPaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Skybridge Capital Partners LP no longer appears on The Citigroup Pension Plan's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Skybridge Capital Partners LPaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Kaeftx Viii, LLC no longer appears on The Citigroup Pension Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)
    with Kaeftx Viii, LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Encap VI LP no longer appears on The Citigroup Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Encap VI LPaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    The Citigroup Pension Plan funded ratio 103.3% -> 93.3% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    The Citigroup Pension Plan plan assets $13.0B -> $10.1B (-21.8%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 521568099-020
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.