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

Pennsylvania Public School 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.

all systems
  • Dec 12, 2025ApprovedBoard of Trustees
    $200M to HarbourVest Partners, LLC (Harbourvest Partners LP) on Aksia LLC’s recommendation
    Commits an amount not to exceed $200 million, plus reasonable and normal investment expenses, to a PSERS-specific strategic co-investment sidecar vehicle with a broadly similar mandate to the HarbourVest Co-Investment Fund series;
  • Dec 12, 2025ApprovedBoard of Trustees
    commits an amount not to exceed $150 million, plus reasonable and normal investment expenses, in OceanSound Partners Fund III, LP and/or related investment vehicles in accordance with the recommendation of Ryan Rathman, Senior Portfolio Manager, and Aksia,
  • Dec 12, 2025ApprovedBoard of Trustees
    $150M to Cabot Industrial Value Fund VIII, L.P. on Aksia LLC’s recommendation
    commits an amount not to exceed $150 million, plus reasonable and normal investment expenses, in Cabot Industrial Value Fund VIII, L.P. and/or related investment vehicles in accordance with the recommendation of Melissa Quackenbush, Senior Portfolio Manager, and Aksia, LLC.
  • Dec 12, 2025ApprovedBoard of Trustees
    $100M to LEM Multifamily Fund VII, L.P. on Aksia LLC’s recommendation
    commits an amount not to exceed $100 million, plus reasonable and normal investment expenses, in LEM Multifamily Fund VII, L.P. and/or related investment vehicles in accordance with the recommendation of Melissa Quackenbush, Senior Portfolio Manager, and Aksia, LLC.
  • Aug 21, 2025ApprovedPrivate creditBoard
    $100M to Park Square Capital U.S. Loan Partners I LP (Park Square Capital) on Aksia LLC’s recommendation
    exceed $100 million, to Park Square Capital U.S, Loan Partners I LP and/or related investment vehicles, and up to $75 million to a strategic co-investment vehicle investing alongside PSERS’ existing Park Square strategy commitments, plus reasonable and normal investment expenses in accordance with the recommendation of Sean T. S
  • Aug 21, 2025Approvedre-upPrivate creditBoard
    $75.0M to Park Square Capital (Park Square Capital) on Aksia LLC’s recommendation
    up to $75 million to a strategic co-investment vehicle investing alongside PSERS’ existing Park Square strategy commitments, plus reasonable and normal investment expenses in accordance with the recommendation of Sean T. Sarraf, Portfolio Manager and Aksia, LLC.
  • Aug 21, 2025ApprovedInfrastructureBoard
    undisclosed amount to DIF Infrastructure Fund VIII SCSp on Aksia LLC’s recommendation
    RESOLVED, that the Public School Employees’ Retirement Board (the “Board”) accepts the recommendation of the Investment Committee and commits an amount not to exceed €100 million, plus reasonable and normal investment expenses, to DIF Infrastructure Fund VIII SCSp, and/or related investment vehicles
    amount as printed: not to exceed €100 million