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.
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OCIO
M•• I••••••••• A•••••••
Advisory clients on the tape
3
Schedule C, ACFR
Public-system clients
0
ACFR and seeds
ADV institutional clients
420
filed Mar 31, 2026
ADV institutional RAUM
$61B
pension, government, charity, insurance, sovereign
ADV discretionary RAUM
$114B
Item 5.F
Classification basis: Form ADV 5.G(6) pension consulting; institutional RAUM share 0.54; discretionary RAUM $114B. An OCIO holds discretion over at least $5B of institutional assets; a consultant advises.
Advisory clients
3 allocators
- S•••• S••••••••• I••• P•••••• P••• f•• U•••• E•••••••• Investment adviser (plan)through Dec 31, 2022 Form 5500
- O••• R••••••••• P••• Investment adviser (plan)through Dec 31, 2022 Form 5500
- S••••••••• R••••••••• I••••• P••• Investment adviser (plan)through Dec 31, 2022 Form 5500
Other roles
1 allocators
- R••••••••• P••• f•• E•••••••• o• U••••• S••••••••• L••••• Actuarythrough Dec 31, 2022
Schedule C rows
61 rows, $31.4M direct compensation as filed
Form ADV readings
- charity clients 116 Mar 31, 2026 reported
- government clients 51 Mar 31, 2026 reported
- institutional clients 420 Mar 31, 2026 reported
- pension plan clients 253 Mar 31, 2026 reported
- raum discretionary $114B Mar 31, 2026 reported
- raum institutional $61B Mar 31, 2026 reported
- raum total $114B Mar 31, 2026 reported
What changed
- M•• I••••••••• A••••••• no longer appears on M•••• • M••••••• C•••••••• R••••••••• P•••'s Schedule C as investment manager (plan year 2024 vs 2023)with M•• I••••••••• A•••••••askebsa.dol.gov
- M•• I••••••••• A•••••••, Inc. no longer appears on S•••••• P•••••• P•••'s Schedule C as investment manager (plan year 2024 vs 2023)with M•• I••••••••• A•••••••askebsa.dol.gov
- M•• I••••••••• A••••••• no longer appears on W•••• F•••• • C•••••• C••• B•••••• P•••'s Schedule C as investment manager (plan year 2024 vs 2023)with M•• I••••••••• A•••••••askebsa.dol.gov
- M•• I••••••••• A••••••• appears on N•••••••• H••••• P•••••• P•••'s Schedule C as investment manager (plan year 2023 vs 2022)with M•• I••••••••• A•••••••askebsa.dol.gov