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
Patient Square Capital, LP
Public LPs on the tape
2
distinct allocators disclosing a fund
Commitment rows
3
0 dated closings
Disclosed commitments
$2.4B
sum of the LPs' own amounts; repeats across reports
Re-ups / new
0 / 0
the plans' own words
Corporate plans
1
Schedule C investment manager rows
Who backs this manager
2 allocators
| Allocator | Rows | Re-ups | Disclosed $ | Buckets | First | Latest |
|---|---|---|---|---|---|---|
| California Public Employees' Retirement System | 2 | 0 | $2.1B | Private equity | Dec 31, 2025 | Dec 31, 2025 |
| New York State Common Retirement Fund | 1 | 0 | $350M | Hedge / diversifiers | Mar 31, 2025 | Mar 31, 2025 |
Funds on the tape
2 vehicles
Corporate and Taft-Hartley plans (Schedule C)
1 plans
- Northwell Health Cash Balance Planplan years 2022
Commitment rows
3 rows
| Date | Allocator | Fund | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2025 | California Public Employees' Retirement System | Blackwell Capital Partners, LP | Private equity | $1.8B | 2023 | Disclosed holding | calpers.ca.gov |
| as of Dec 31, 2025 | California Public Employees' Retirement System | Patient Square Equity Partners, LP | Private equity | $300M | 2023 | Disclosed holding | calpers.ca.gov |
| as of Mar 31, 2025 | New York State Common Retirement Fund | Patient Square Equity Partners, LP | Hedge / diversifiers | $350M | 2023 | Disclosed holding | osc.ny.gov |
What changed
- California Public Employees' Retirement System reports Patient Square Equity Partners, LP: $300M committed (Patient Square Capital, LP) (as of 2025-12-31)with Patient Square Capital, LPcalpers.ca.gov
- California Public Employees' Retirement System reports Blackwell Capital Partners, LP: $1.8B committed (Patient Square Capital, LP) (as of 2025-12-31)with Patient Square Capital, LPcalpers.ca.gov
- New York State Common Retirement Fund reports Patient Square Equity Partners, LP: $350M committed (Patient Square Capital, LP) (as of 2025-03-31)with Patient Square Capital, LPosc.ny.gov