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.

Fund

Defy Partners II, L.P.

venture fund pagevintage 2019
Public LPs
2
distinct allocators on the tape
Rows
3
across successive reports
Disclosed commitments
$36.0M
LP amounts, repeats across reports
Latest
Dec 31, 2025
effective date
Limited partners
2 allocators

One line per allocator, folded across every filing, report and board record that names this vehicle, so an allocator that reported the same commitment in eight annual filings counts once. A line is closed only when a closing date exists; held means the allocator reports the position with no closing date on this graph. The dollars are what the allocators that print a number disclosed (1 of 2), never a fund size.

AllocatorDisclosedStateApprovedClosedReported
Los Angeles City Employees' Retirement System$18.0Mclosed-Mar 22, 2019Dec 31, 2025
The Teagle Foundation Incorporatedn/aheld--Jun 30, 2025
Every row
3 rows
DateAllocatorFundBucketAmountVintageStatusSource
as of Dec 31, 2025Los Angeles City Employees' Retirement SystemDefy Partners IIPrivate equity$18.0M2019Disclosed holdinglacers.org
as of Jun 30, 2025The Teagle Foundation IncorporatedDefy Partners II, L.P.Private equity$1.5M heldDisclosed holdingapps.irs.gov
Mar 22, 2019Los Angeles City Employees' Retirement SystemDEFY Partners IIVenture$18.0M2019Committed (dated)re-uplacers.org
What changed
No dated events.