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.
Board records
Nys Teachers' Retirement System: what the board decided
Read from the boards’ own minutes and meeting packets, each row with the stance the minutes give it. Approved is a vote or a commitment reported as made under delegated authority; recommended is staff or the consultant asking, with no vote in the record; proposed is an item presented for consideration. Every row carries the sentence that says so. A re-up prospect is arithmetic on the tape: the allocator holds Fund N, the manager has Fund N+1 open, and no commitment to it is on the graph; it is labelled an inference and says nothing about intent.
- Apr 7, 2026Committed (dated)re-upPrivate credit$50.0M to JFL Credit Opp Fund II04-07-2026 JFL Credit Opp Fund II $50M Existing
- Mar 31, 2026Committed (dated)re-upReal estate$150M to Cabot Industrial Value Fund VIII03-31-2026 Cabot Industrial Value Fund $150M Existing
- Mar 31, 2026Committed (dated)re-upReal estateundisclosed amount to Aermont Capital RE Fund VI03-31-2026 Aermont Capital RE Fund VI €200.0 Existingamount as printed: €200.0 million
- Mar 19, 2026Committed (dated)re-upPrivate equityRisk Committee / Investment Committee / Board$200M to JFL Equity Investors VII03-19-2026 JFL Equity Inv VII $200M Existingprivate equityresolved to the fund on the private equity graphPublic plan board and investment committee agendas and minutes
- Mar 19, 2026Committed (dated)re-upPrivate equity$200M to JFL Equity Inv VII03-19-2026 JFL Equity Inv VII $200M Existing
- Feb 24, 2026Committed (dated)re-upPrivate credit02-24-2026 Manulife Comvest $200M Existing Specialty Lending Fund I
- Feb 24, 2026Committed (dated)re-upPrivate credit02-24-2026 Manulife Comvest Credit $200M Existing Opp Fund II
- Feb 4, 2026Committed (dated)new relationshipInfrastructureFeb 4 2026 Blackstone Infrastructure $150M New
- Feb 4, 2026Committed (dated)new relationshipInfrastructureRisk Committee / Investment Committee / BoardFeb 4 2026 KKR Global Infrastructure Inv V $100M New
- Feb 4, 2026Committed (dated)new relationshipInfrastructureFeb 4 2026 KKR Global Infrastructure Inv V $100M New
- Jan 28, 2026ApprovedFixed income$200M to BlackRock Financial Management, Inc. separate account (Blackrock Financial Management, Inc)RESOLVED, That, subject to the satisfactory completion of due diligence, the Executive Director and Chief Investment Officer or designee is authorized to contract with BlackRock Financial Management, Inc. to manage a portion of the System’s fixed income portfolio in a US Broad Market High Yield Portfolio fixed income mandate benchmarked to the ICE BofA US High Yield Constrained Index (HUC0) and to allocate an initialFixed Income - High YieldPublic plan board and investment committee agendas and minutesthe board record reports this commitment at 2 meetings (recommended 2026-01-28, approved 2026-01-28)
- Jan 28, 2026ApprovedReal estate$67.8M to PallasDec 8 2025 Pallas $67.8M MortgageReal Estate - mortgagePublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed
- Jan 28, 2026ApprovedReal estate$34.0M to Trio PointeNov 20 2025 Trio Pointe $34M MortgageReal Estate - mortgagePublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed
- Jan 21, 2026Committed (dated)new relationshipReal estate$75.0M to Raith Real Estate IVJan 21 2026 Raith Real Estate IV $75 New
- Jan 15, 2026Committed (dated)Real estate$11.6M to KettlerOct 3 2025 Kettler JV Partner Buy-Out At $11.6M Acquisition
- Dec 8, 2025Committed (dated)Private credit$67.8M to PallasDec 8 2025 Pallas $67.8M MortgageReal Estate DebtPublic plan board and investment committee agendas and minutes
- Nov 20, 2025Committed (dated)Private credit$34.0M to Trio PointeNov 20 2025 Trio Pointe $34M MortgageReal Estate DebtPublic plan board and investment committee agendas and minutes
- Jan 28, 2026Committed (dated)new relationshipPrivate credit$125M to SL Green Opportunity Debt FundNov 18 2025 SL Green Opportunity Debt $125M New FundReal Estate Debtapproved Jan 28, 2026, closed Nov 18, 2025Public plan board and investment committee agendas and minutesthe board record reports this commitment at 2 meetings (approved 2026-01-28, committed 2025-11-18)
- Jan 28, 2026Committed (dated)re-upReal estate$200M to Abacus Multifamily Partners VIINov 5 2025 Abacus Multifamily Partners $200M Existing VIIReal Estateapproved Jan 28, 2026, closed Nov 5, 2025Public plan board and investment committee agendas and minutesthe board record reports this commitment at 2 meetings (approved 2026-01-28, committed 2025-11-05)
- Jul 30, 2025ApprovedInfrastructure$100M to global value-add digital infrastructure fundDuring the quarter, the System closed on a $100M commitment to a global value-add digital infrastructure fund and $50M commitment to an associated co-investment sidecar.Digital InfrastructurePublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed
- Jul 30, 2025ApprovedFixed income$55.0M to Smith & RioSmith & Rio – Direct Mortgagereported as made at the meeting, no closing date printed
- Jul 30, 2025ApprovedPrivate credit$55.0M to Smith & Rio – Direct MortgageSmith & Rio – Yes – 3/18/25 $55M Direct MortgageReal Estate Debt - Direct MortgagePublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed
- Jul 30, 2025ApprovedInfrastructure$50.0M to co-investment sidecar (associated with global value-add digital infrastructure fund)During the quarter, the System closed on a $100M commitment to a global value-add digital infrastructure fund and $50M commitment to an associated co-investment sidecar.Digital InfrastructurePublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed
- Jul 30, 2025Approvedre-upFixed incomeundisclosed amount to Advent Capital Management, LLC separate account (Advent Capital Management, LLC)RESOLVED, That the Executive Director and Chief Investment Officer, or designee, is authorized to renew the following external investment manager mandate for one year:Fixed Income – High YieldPublic plan board and investment committee agendas and minutes