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

Lightbay Capital

Public LPs on the tape
2
distinct allocators disclosing a fund
Commitment rows
3
1 dated closings
Disclosed commitments
$50.0M
sum of the LPs' own amounts; repeats across reports
Re-ups / new
0 / 1
the plans' own words
Corporate plans
0
Schedule C investment manager rows
Who backs this manager
2 allocators
AllocatorRowsRe-upsDisclosed $BucketsFirstLatest
Los Angeles City Employees' Retirement Systemnew relationship20$25.0MPrivate equityJan 31, 2022Dec 31, 2025
New York State Common Retirement Fund10$25.0MPrivate equityMar 31, 2025Mar 31, 2025
Funds on the tape
2 vehicles
Commitment rows
3 rows
DateAllocatorFundBucketAmountVintageStatusSource
as of Dec 31, 2025Los Angeles City Employees' Retirement SystemLightBay Investment Partners IIPrivate equityn/a2021Disclosed holdinglacers.org
as of Mar 31, 2025New York State Common Retirement FundLightbay Investment Partners, LPPrivate equity$25.0M2017Disclosed holdingosc.ny.gov
Jan 31, 2022Los Angeles City Employees' Retirement SystemLightBay Investment Partners II LPPrivate equity$25.0M2022Committed (dated)new managerlacers.org
What changed
  • Mar 31, 2025Commitment disclosedreport dateNew York State Common Retirement Fund
    New York State Common Retirement Fund reports Lightbay Investment Partners, LP: $25M committed (Lightbay Capital) (as of 2025-03-31)
    with Lightbay Capitalosc.ny.gov
  • Los Angeles City Employees' Retirement System commits $25M to LightBay Investment Partners II LP (Lightbay Capital), closed 2022-01-31
    with Lightbay Capitallacers.org
  • Jan 31, 2022New managerLightbay Capital
    Los Angeles City Employees' Retirement System backs Lightbay Capital for the first time: $25M to LightBay Investment Partners II LP (the plan's own column: New)
    with Los Angeles City Employees' Retirement Systemlacers.org