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.
Pennsylvania State Employees 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.
- Jun 16, 2026ApprovedPrivate equityBoard of Trustees$35.0M to SkyKnight CapitalRESOLVED: that the State Employees’ Retirement Board commit up to (i) $65 million to SkyKnight Capital Fund V, L.P., and (ii) $35 million to a sidecar vehicle that will co-invest alongside SkyKnight Capital Fund V, L.P., plus investment expenses and pro rata share of partnership operating expenses, consistent with executed partnership documents, as a new investment within the Private Equity asset class, subject to su
- Jun 9, 2026ApprovedPrivate equityInvestment Committeecommit up to (i) $65 million to SkyKnight Capital Fund V, L.P., and (ii) $35 million to a sidecar vehicle that will co-invest alongside SkyKnight Capital Fund V, L.P.Private Equityresolved to the fund on the private equity graphPublic plan board and investment committee agendas and minutesthe board record reports this commitment at 2 meetings (approved 2026-06-09)
- Jun 9, 2026ApprovedPrivate equityInvestment Committee$35 million to a sidecar vehicle that will co-invest alongside SkyKnight Capital Fund V, L.P., plus investment expenses and pro rata share of partnership operating expenses