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.
Manager
First Reserve
Public LPs on the tape
5
distinct allocators disclosing a fund
Commitment rows
17
0 dated closings
Disclosed commitments
$4.5B
sum of the LPs' own amounts; repeats across reports
Re-ups / new
0 / 0
the plans' own words
Corporate plans
0
Schedule C investment manager rows
Who backs this manager
5 allocators
| Allocator | Rows | Re-ups | Disclosed $ | Buckets | First | Latest |
|---|---|---|---|---|---|---|
| Washington State Investment Board | 6 | 0 | $1.4B | Private equity | Apr 30, 1998 | Jul 15, 2014 |
| Oregon Public Employees Retirement Fund | 4 | 0 | $775M | Private equity | Mar 31, 2026 | Mar 31, 2026 |
| California State Teachers' Retirement System | 3 | 0 | $1.8B | Private equity | Jun 30, 2025 | Jun 30, 2025 |
| Los Angeles City Employees' Retirement System | 3 | 0 | $76.0M | Private equity | Dec 31, 2025 | Dec 31, 2025 |
| California Public Employees' Retirement System | 1 | 0 | $400M | Private equity | Dec 31, 2025 | Dec 31, 2025 |
Funds on the tape
10 vehicles
- First Reserve Fund Xiii, L.P.3 rows
- First Reserve Fund XI, L.P.2 rows
- First Reserve Fund XII, L.P.2 rows
- First Reserve Fund X2 rows
- First Reserve Fund XI2 rows
- First Reserve Fund XII2 rows
- First Reserve Fund IX, L.P.1 rows
- First Reserve Fund VIII, L.P.1 rows
- First Reserve Fund X, L.P.1 rows
- First Reserve Fund IX1 rows
Commitment rows
17 rows
| Date | Allocator | Fund | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Mar 31, 2026 | Oregon Public Employees Retirement Fund | First Reserve Fund XII | Private equity | $300M | 2008 | Disclosed holding | oregon.gov |
| as of Mar 31, 2026 | Oregon Public Employees Retirement Fund | First Reserve Fund XI | Private equity | $300M | 2006 | Disclosed holding | oregon.gov |
| as of Mar 31, 2026 | Oregon Public Employees Retirement Fund | First Reserve Fund X | Private equity | $100M | 2004 | Disclosed holding | oregon.gov |
| as of Mar 31, 2026 | Oregon Public Employees Retirement Fund | First Reserve Fund IX | Private equity | $75.0M | 2001 | Disclosed holding | oregon.gov |
| as of Dec 31, 2025 | California Public Employees' Retirement System | First Reserve Fund XIII, LP | Private equity | $400M | 2014 | Disclosed holding | calpers.ca.gov |
| as of Dec 31, 2025 | Los Angeles City Employees' Retirement System | First Reserve Fund XI | Private equity | $30.0M | 2006 | Disclosed holding | lacers.org |
| as of Dec 31, 2025 | Los Angeles City Employees' Retirement System | First Reserve Fund XII | Private equity | $26.0M | 2008 | Disclosed holding | lacers.org |
| as of Dec 31, 2025 | Los Angeles City Employees' Retirement System | First Reserve Fund X | Private equity | $20.0M | 2004 | Disclosed holding | lacers.org |
| as of Jun 30, 2025 | California State Teachers' Retirement System | First Reserve Fund XII, L.P. | Private equity | $800M | 2008 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | California State Teachers' Retirement System | First Reserve Fund XI, L.P. | Private equity | $800M | 2006 | Disclosed holding | calstrs.com |
| as of Jun 30, 2025 | California State Teachers' Retirement System | First Reserve Fund XIII, L.P. | Private equity | $200M | 2014 | Disclosed holding | calstrs.com |
| Jul 15, 2014 | Washington State Investment Board | First Reserve Fund XIII, L.P. | Private equity | $400M | 2014 | Disclosed holding | sib.wa.gov |
| Aug 25, 2008 | Washington State Investment Board | First Reserve Fund XII, L.P. | Private equity | $400M | 2008 | Disclosed holding | sib.wa.gov |
| Dec 14, 2006 | Washington State Investment Board | First Reserve Fund XI, L.P. | Private equity | $300M | 2006 | Disclosed holding | sib.wa.gov |
| Oct 28, 2004 | Washington State Investment Board | First Reserve Fund X, L.P. | Private equity | $200M | 2004 | Disclosed holding | sib.wa.gov |
| Apr 9, 2001 | Washington State Investment Board | First Reserve Fund IX, L.P. | Private equity | $100M | 2001 | Disclosed holding | sib.wa.gov |
| Apr 30, 1998 | Washington State Investment Board | First Reserve Fund VIII, L.P. | Private equity | $50.0M | 1998 | Disclosed holding | sib.wa.gov |
What changed
- Oregon Public Employees Retirement Fund reports First Reserve Fund IX: $75M committed (as of 2026-03-31)with First Reserveoregon.gov
- Oregon Public Employees Retirement Fund reports First Reserve Fund XI: $300M committed (as of 2026-03-31)with First Reserveoregon.gov
- Oregon Public Employees Retirement Fund reports First Reserve Fund XII: $300M committed (as of 2026-03-31)with First Reserveoregon.gov
- Oregon Public Employees Retirement Fund reports First Reserve Fund X: $100M committed (as of 2026-03-31)with First Reserveoregon.gov
- California Public Employees' Retirement System reports First Reserve Fund XIII, LP: $400M committed (as of 2025-12-31)with First Reservecalpers.ca.gov
- Los Angeles City Employees' Retirement System reports First Reserve Fund XI: $30M committed (as of 2025-12-31)with First Reservelacers.org
- Los Angeles City Employees' Retirement System reports First Reserve Fund X: $20M committed (as of 2025-12-31)with First Reservelacers.org
- Los Angeles City Employees' Retirement System reports First Reserve Fund XII: $26M committed (as of 2025-12-31)with First Reservelacers.org
- California State Teachers' Retirement System reports First Reserve Fund XI, L.P.: $800M committed (as of 2025-06-30)with First Reservecalstrs.com
- California State Teachers' Retirement System reports First Reserve Fund XII, L.P.: $800M committed (as of 2025-06-30)with First Reservecalstrs.com
- California State Teachers' Retirement System reports First Reserve Fund XIII, L.P.: $200M committed (as of 2025-06-30)with First Reservecalstrs.com
- Washington State Investment Board reports First Reserve Fund XIII, L.P.: $400M committed, initial commitment 2014-07-15with First Reservesib.wa.gov
- Washington State Investment Board reports First Reserve Fund XII, L.P.: $400M committed, initial commitment 2008-08-25with First Reservesib.wa.gov
- Washington State Investment Board reports First Reserve Fund XI, L.P.: $300M committed, initial commitment 2006-12-14with First Reservesib.wa.gov
- Washington State Investment Board reports First Reserve Fund X, L.P.: $200M committed, initial commitment 2004-10-28with First Reservesib.wa.gov
- Washington State Investment Board reports First Reserve Fund IX, L.P.: $100M committed, initial commitment 2001-04-09with First Reservesib.wa.gov
- Washington State Investment Board reports First Reserve Fund VIII, L.P.: $50M committed, initial commitment 1998-04-30with First Reservesib.wa.gov