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.
Institutional manager
Russell Investments
Advisory clients on the tape
4
Schedule C, ACFR
Public-system clients
2
ACFR and seeds
ADV institutional clients
45
filed Mar 31, 2026
ADV institutional RAUM
$13B
pension, government, charity, insurance, sovereign
ADV discretionary RAUM
$35B
Item 5.F
Classification basis: Form ADV 5.G(6) pension consulting; institutional RAUM share 0.37; discretionary RAUM $35B. An OCIO holds discretion over at least $5B of institutional assets; a consultant advises.
Advisory clients
4 allocators
- Missouri Public Education Employee Retirement System General consultantthrough Jun 30, 2025 ACFR
- Missouri Public School Retirement System General consultantthrough Jun 30, 2025 ACFR
- Unicare Retirement Plan Pension consultantthrough Dec 31, 2022 Form 5500
- Consolidated Roche Retirement Plan General consultantthrough Dec 31, 2022 Form 5500
Schedule C rows
12 rows, $4.9M direct compensation as filed
| Plan | Plan year | Codes | Relationship as filed | Direct compensation |
|---|---|---|---|---|
| National Laboratory of the Rockies Shared Security Pension Plan | 2024 | 28 50 | INVESTMENT | $800,803 |
| Consolidated Edison Retirement Plan | 2024 | 28 51 | NONE | $334,119 |
| Consolidated Roche Retirement Plan | 2024 | 16 18 19 | CONSULTANT | $300,000 |
| Unicare Retirement Plan | 2024 | 17 | NONE | $170,961 |
| National Laboratory of the Rockies Shared Security Pension Plan | 2023 | 28 50 | INVESTMENT | $900,486 |
| Consolidated Edison Retirement Plan | 2023 | 28 51 | NONE | $366,194 |
| Consolidated Roche Retirement Plan | 2023 | 16 18 19 | CONSULTANT | $225,000 |
| Unicare Retirement Plan | 2023 | 17 | NONE | $176,678 |
| Alaska Teamster-Employer Pension Trust | 2022 | 28 50 | NONE | $709,218 |
| National Laboratory of the Rockies Shared Security Pension Plan | 2022 | 28 50 | INVESTMENT | $373,340 |
| Consolidated Roche Retirement Plan | 2022 | 16 18 19 | CONSULTANT | $300,000 |
| Unicare Retirement Plan | 2022 | 17 71 | NONE | $227,643 |
Form ADV readings
- charity clients 3 Mar 31, 2026 reported
- government clients 5 Mar 31, 2026 reported
- institutional clients 45 Mar 31, 2026 reported
- pension plan clients 37 Mar 31, 2026 reported
- raum discretionary $35B Mar 31, 2026 reported
- raum institutional $13B Mar 31, 2026 reported
- raum total $35B Mar 31, 2026 reported
What changed
- Russell Investments no longer appears on Alaska Teamster-Employer Pension Trust's Schedule C as investment manager (plan year 2023 vs 2022)with Russell Investmentsaskebsa.dol.gov
- Russell Investments appears on Consolidated Edison Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Russell Investmentsaskebsa.dol.gov