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
What the boards decided, were recommended, and were asked
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.
- Sep 8, 2026openfund managerLos Angeles City Employees' Retirement System: Actively Managed Global Listed Infrastructure search4. Nuveen - Global Infrastructure (current LACERS manager)2
- Sep 8, 2026openfund managerLos Angeles City Employees' Retirement System: Passively Managed Global Listed Infrastructure search2. State Street - S&P Global Infrastructure (current LACERS manager)4
- Aug 12, 2026opengeneral consultantLos Angeles County Employees Retirement Association: Real Estate Consultant searchReal Estate Consulting Services Search Investments 2/27/2026 Bid Review
- Aug 11, 2026awardedfund managerLos Angeles City Employees' Retirement System: Active Emerging Markets Debt search, Pgim Inc selectedThe Board hired PGIM through the 2019-2020 Active Emerging Markets Debt search process and authorized a three-year contract on September 8, 2020, and became effective on January 1, 2021.
- Jul 28, 2026openfund managerLos Angeles City Employees' Retirement System: infrastructure searchInfrastructure RFP received six responses for the passive mandate and 27 responses for the active mandate.
- Jul 14, 2026openfund managerWashington State Investment Board: active global and emerging markets equity searchContinuation of rolling open procurements for active global and emerging markets strategies in the Commingled Trust Fund (CTF)
- Jul 14, 2026openfund managerWashington State Investment Board: active emerging markets equity searchConducting final due diligence on an active emerging markets equity strategy
- Jul 8, 2026opengeneral consultantLos Angeles County Employees Retirement Association: Real Estate Consultant searchReal Estate Consulting Services Search Investments 2/27/2026 Bid Review
- Jul 8, 2026openfund managerLos Angeles County Employees Retirement Association: Passive Cash Overlay Investment Manager searchPassive Cash Overlay Investment Manager Search Investments 6/13/2025
- Jun 9, 2026openfund managerLos Angeles City Employees' Retirement System: publicly-traded infrastructure searchPublicly-traded infrastructure RFP went live on April 13, 2026.
- Jun 9, 2026openfund managerLos Angeles City Employees' Retirement System: passive and active mandate searchDeadline for submitting proposals for the passive mandate is 5:00 P.M. PDT on June 4, 2026, and the active mandate is 5:00 P.M. PDT on June 11, 2026.
- May 21, 2026openfund managerMassachusetts Pension Reserves Investment Management Board: managed account platform services searchThe Board approved the issuance of a 6 request for proposals for managed account platform 7 services on December 4, 2025
- May 19, 2026openfund managerTexas Employees Retirement System: U.S. small cap equity searchthe program successfully executed an RFQ process for external advisers for U.S. small caps.
- May 12, 2026openfund managerLos Angeles City Employees' Retirement System: publicly-traded infrastructure searchPublicly-traded infrastructure RFP went live on April 13, 2026.
- May 5, 2026openfund managerPennsylvania State Employees Retirement System: Independent Auditor Services searchIndependent Auditor Services RFP
- May 5, 2026openfund managerMassachusetts Pension Reserves Investment Management Board: Managed Account Platform Services searchThe PRIM Investment Committee voted, by unanimous roll-call vote, to approve a recommendation to the PRIM Board to approve Innocap to provide Managed Account Platform Services, as described in the Expanded Agenda, and further to authorize the Executive Director to take all actions necessary to effectuate this vote.
- Apr 29, 2026awardedfund managerNew Jersey Division of Investment: Real Estate Investment Consulting Services search, Aksia LLC selectedMr. Khan announced that the Division selected Aksia LLC as its consultant for Real Estate Investment Consulting Services following a Request for Proposal (RFP) process.
- Mar 20, 2026opengeneral consultantColorado Public Employees' Retirement Association: investment systems roadmap consultant searchstaff have initiated an RFP process for an investment systems roadmap consultant to support future planning.
- Mar 20, 2026opengeneral consultantColorado Public Employees' Retirement Association: investment systems roadmap consultant searchstaff have initiated an RFP process for an investment systems roadmap consultant to support future planning
- Mar 4, 2026openfund managerTexas Employees Retirement System: Third-party administrative services and advisory services for the Texa$averSM 401(k)/457 Program searchMove that the board authorize the executive director to negotiate a contract for third-party administrative services and advisory services for the Texa$averSM 401(k)/457 Program with Empower Retirement LLC with terms that are fully acceptable to ERS
- Mar 3, 2026openfund managerPennsylvania State Employees Retirement System: Actuarial Services searchPublic Session Resumes a. Actuarial Services RFP
- Feb 26, 2026openfund managerMassachusetts Pension Reserves Investment Management Board: active global investment strategies searchour 13 recommendation is requesting permission to issue 14 an RFP for active global investment strategies.
- Feb 10, 2026openfund managerMassachusetts Pension Reserves Investment Management Board: Active Global Investment Strategies search(2) issue a Request for Proposals (RFP) for Active Global Investment Strategies to allow managers latitude across geographies;
- Jan 29, 2026opengeneral consultantCalifornia State Teachers' Retirement System: Private Equity Consultant searchThe Private Equity Consultant request for Proposal was received, considered, and approved, by the consent of the committee.
- Jan 14, 2026openfund managerSan Francisco City and County Employees Retirement System: Passive Large Cap Growth Index searchAction: Moved by Commissioner Heldfond, Seconded by Commissioner O’Connor approve the recommendation to replace the Vanguard Growth Index with the Northern Trust Russell 1000 Growth Index.
- Jan 14, 2026openfund managerSan Francisco City and County Employees Retirement System: Actuarial Consulting Services searchAction: Moved by Commissioner Heldfond, seconded by Commissioner Driscoll to approve the Request for Proposals for Actuarial Consulting Services.
- Nov 21, 2025opengeneral consultantColorado Public Employees' Retirement Association: Board-appointed investment consultant for the Combined Investment Fund searchconvene an Investment Committee meeting in October to hold interviews for the role of Board-appointed investment consultant for the Combined Investment Fund, and that the Investment Committee make a hiring recommendation to the Board for consideration at the November Board meeting
- Nov 18, 2025openfund managerMassachusetts Pension Reserves Investment Management Board: Managed Account Platform Services searchThe PRIM Investment Committee voted, by unanimous roll-call vote, to approve a recommendation to the PRIM Board to issue a Request for Proposals for Managed Account Platform Services, as described in the Expanded Agenda, and further to authorize the Executive Director to take all actions necessary to effectuate the vote.
- Nov 12, 2025openfund managerSan Francisco City and County Employees Retirement System: SFDCP Large Cap Growth Equity Fund searchto replace the T. Rowe Price U.S. Growth Stock Strategy with the JP Morgan (JPM) U.S. Large Cap Growth CIT within the SFDCP Large Cap Growth Equity Fund.
- Nov 12, 2025opengeneral consultantCalifornia State Teachers' Retirement System: Financial Consultant searchThe Committee approved a Financial Consultant Request for Proposal.
- Oct 29, 2025opengeneral consultantColorado Public Employees' Retirement Association: Board-appointed investment consultant for the Combined Investment Fund searchCombined Investment Fund Combined Investment Fund Consultant RFP Finalists’ Kickoff Rebecca Shelton, PERA Investment Operating Officer; Joshua Neugebauer, PERA Assistant Director of Investment Administration; and Tyler Barondeau, PERA Investment Compliance and Performance Analyst reminded the committee of the RFP process and next steps.
- Oct 29, 2025openfund managerNew Jersey Division of Investment: emerging markets equity and international small capitalization equity searchMr. Rowohlt reported that the Division had selected nine advisers for emerging markets and five advisers for international small capitalization pursuant to the Council’s procurement procedures for advisers and consultants.
- Sep 18, 2025awardedfund managerTexas Municipal Retirement System: co-investment search, GCM Grosvenor selectedStaff spent 2024 building the infrastructure underpinning a fee-reducing, return-enhancing 2 program, ultimately selecting GCM Grosvenor as its partner.
- Aug 20, 2025openfund managerTexas Employees Retirement System: money market fund searchincluding the ongoing money market fund search and related manager evaluations.
- Aug 14, 2025openfund managerMassachusetts Pension Reserves Investment Management Board: portfolio completion strategies and other credit opportunities advisory services searchapprove the issuance of a request for proposals for portfolio completion strategies and other credit opportunities advisory services, as described in the expanded agenda
- Aug 5, 2025openfund managerMassachusetts Pension Reserves Investment Management Board: Portfolio Completion Strategies and Other Credit Opportunities Advisory Services searchThe PRIM Investment Committee voted, by unanimous roll-call vote, to make a recommendation to the PRIM Board to approve the issuance of a Request for Proposals for Portfolio Completion Strategies and Other Credit Opportunities Advisory Services, and further to authorize the Executive Director to take all actions necessary to effectuate the vote.
- Aug 5, 2025openfund managerMassachusetts Pension Reserves Investment Management Board: Private Equity Advisory Services searchThe PRIM Investment Committee voted, by unanimous roll-call vote, to approve a recommendation to the PRIM Board to approve StepStone Group LP to provide Private Equity advisory services, as