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

HG Capital Management, LLC

venture profile
Public LPs on the tape
6
distinct allocators disclosing a fund
Commitment rows
13
2 dated closings
Disclosed commitments
$1.3B
sum of the LPs' own amounts; repeats across reports
Re-ups / new
0 / 2
the plans' own words
Corporate plans
0
Schedule C investment manager rows
Who backs this manager
6 allocators
AllocatorRowsRe-upsDisclosed $BucketsFirstLatest
California State Teachers' Retirement System30$470MPrivate equityJun 30, 2025Jun 30, 2025
Pennsylvania Public School Employees' Retirement System30$300MPrivate equityDec 31, 2025Dec 31, 2025
California Public Employees' Retirement System20$300MPrivate equityDec 31, 2025Dec 31, 2025
New York State Common Retirement Fundnew relationship20$225MPrivate equityAug 8, 2025Aug 8, 2025
Los Angeles City Employees' Retirement System20Private equityDec 31, 2025Dec 31, 2025
Colorado Public Employees' Retirement Association10$50.0MPrivate equityDec 31, 2025Dec 31, 2025
Funds on the tape
4 vehicles
Commitment rows
13 rows
DateAllocatorFundBucketAmountVintageStatusSource
as of Dec 31, 2025California Public Employees' Retirement SystemHg Saturn 4 A L.P.Private equity$150M2025Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025California Public Employees' Retirement SystemHg Saturn 3 A L.P.Private equity$150M2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Pennsylvania Public School Employees' Retirement SystemHg Saturn 4 APrivate equity$100M2025Disclosed holdingpa.gov
as of Dec 31, 2025Pennsylvania Public School Employees' Retirement SystemHg Saturn 2 A L.P.Private equity$100M2020Disclosed holdingpa.gov
as of Dec 31, 2025Pennsylvania Public School Employees' Retirement SystemHg Saturn 3 A L.P.Private equity$100M2022Disclosed holdingpa.gov
as of Dec 31, 2025Colorado Public Employees' Retirement AssociationHg Saturn 4 A L.P.Private equity$50.0M2025Disclosed holdingcontent.copera.org
as of Dec 31, 2025Los Angeles City Employees' Retirement SystemHg Saturn 4 APrivate equityn/a2025Disclosed holdinglacers.org
as of Dec 31, 2025Los Angeles City Employees' Retirement SystemHg Saturn 3 APrivate equityn/a2022Disclosed holdinglacers.org
Aug 8, 2025New York State Common Retirement FundHg Saturn 4 A, L.P.Private equity$175M2025Committed (dated)new managerosc.ny.gov
Aug 8, 2025New York State Common Retirement FundNYS 1 Co-Invest, L.P.co investmentPrivate equity$50.0M2025Committed (dated)new managerosc.ny.gov
as of Jun 30, 2025California State Teachers' Retirement SystemHg Saturn 4 A LPPrivate equity$200M2025Disclosed holdingcalstrs.com
as of Jun 30, 2025California State Teachers' Retirement SystemHg Saturn 2 A LPPrivate equity$150M2020Disclosed holdingcalstrs.com
as of Jun 30, 2025California State Teachers' Retirement SystemHg Saturn 3 A LPPrivate equity$120M2022Disclosed holdingcalstrs.com
What changed