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
Virginia Retirement System (VRS): 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.
- Aug 14, 2026Committed (dated)Public equityBoard of Trustees$200M to ValueAct Strategic Global Fund IIValueAct Strategic Global Fund II – A co-investment vehicle.
- Aug 12, 2026ApprovedPublic equityInvestment Advisory Committee (IAC)$500M to BlackRock 32 CapitalPublic Equity Hired 04/01/2026 $500 Million Immediatereported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedHedge / diversifiersInvestment Advisory Committee (IAC)$300M to BlackRock GAOHired 04/01/2026 $300 Million ImmediateDiversifying StrategiesPublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedPrivate equityInvestment Advisory Committee (IAC)Private Equity Hired 03/31/2026 $300 Million 6 Yearsreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedPrivate creditInvestment Advisory Committee (IAC)$300M to Blue Owl Real Estate Fund VIIHired 06/30/2026 $300 Million 3 YearsCredit StrategiesPublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedReal assetsInvestment Advisory Committee (IAC)$229M to International Farming Corporation Separate AccountReal Assets Hired 02/26/2026 $229 Million Immediatereported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedPrivate equityInvestment Advisory Committee (IAC)Private Equity Hired 07/10/2026 $201 Million 5 Yearsreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedPrivate equityInvestment Advisory Committee (IAC)Private Equity Hired 07/29/2026 $200 Million 6 YearsPrivate Equityresolved to the fund on the private equity graphPublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedPrivate equityInvestment Advisory Committee (IAC)Private Equity Hired 07/20/2026 $200 Million 3 Yearsreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedReal assetsInvestment Advisory Committee (IAC)$200M to LS Power Fund VIReal Assets Hired 05/29/2026 $200 Million 5 Yearsreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedPrivate creditInvestment Advisory Committee (IAC)Hired 06/26/2026 $150 Million 5 YearsCredit StrategiesPublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedReal assetsInvestment Advisory Committee (IAC)Real Assets Hired 05/27/2026 $150 Million 5 Yearsreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedReal assetsInvestment Advisory Committee (IAC)Real Assets Hired 07/17/2026 $150 Million Immediatereported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedReal assetsInvestment Advisory Committee (IAC)Real Assets Hired 06/30/2026 $150 Million 6 Monthsreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedReal assetsInvestment Advisory Committee (IAC)$125M to Meadow Real Estate Fund VIIReal Assets Hired 06/22/2026 $125 Million 4 YearsReal Assetsresolved to the fund on the private equity graphPublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedReal assetsInvestment Advisory Committee (IAC)Real Assets Hired 03/31/2026 $100 Million 5 YearsReal Assetsresolved to the fund on the venture graphPublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedReal assetsInvestment Advisory Committee (IAC)$100M to Silver Hill Energy Partners VReal Assets Hired 06/30/2026 $100 Million 4 Yearsreported as made at the meeting, no closing date printed
- Aug 12, 2026ApprovedPrivate equityInvestment Advisory Committee (IAC)Private Equity Hired 03/26/2026 €166 Million 5 Yearsreported as made at the meeting, no closing date printed; amount as printed: €166 Million
- Aug 12, 2026ApprovedPrivate equityInvestment Advisory Committee (IAC)Private Equity Hired 04/27/2026 €200 Million 5 Yearsreported as made at the meeting, no closing date printed; amount as printed: €200 Million
- Apr 23, 2026ApprovedHedge / diversifiersBoard of Trustees$500M to PIMCO Multi-Strategy Custom MandatePIMCO Multi-Strategy Custom Mandate – A bespoke, multi- strategy hedge fund portfolio solution.Diversifying StrategiesPublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed; the board record reports this commitment at 2 meetings (approved 2026-04-23)
- Apr 23, 2026ApprovedPrivate creditBoard of TrusteesCredit Strategies Hired 04/24/2026 $400 Million 3 Years Ares Pathfinder III - A closed-end fund targeting directly originated asset-backed structured investments.Credit StrategiesPublic plan board and investment committee agendas and minutesreported as made at the meeting, no closing date printed; the board record reports this commitment at 2 meetings (approved 2026-04-23)
- Apr 23, 2026Approvedre-upPrivate equityBoard of TrusteesPrivate Equity Hired 01/30/2026 $50 Million 6 Years Monomoy V Co-invest SMA – A sidecar with Monomoy V for smaller co-investment opportunities.reported as made at the meeting, no closing date printed; the board record reports this commitment at 2 meetings (approved 2026-04-23)
- Apr 23, 2026Approvedre-upPrivate equityBoard of TrusteesPrivate Equity Hired 05/28/2026 €100 Million 5 Years Charterhouse XII Co-invest SMA – A sidecar withreported as made at the meeting, no closing date printed; amount as printed: €100 Million; the board record reports this commitment at 2 meetings (approved 2026-04-23)