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
B Capital Group
Public LPs on the tape
2
distinct allocators disclosing a fund
Commitment rows
13
0 dated closings
Disclosed commitments
$2.7B
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
2 allocators
| Allocator | Rows | Re-ups | Disclosed $ | Buckets | First | Latest |
|---|---|---|---|---|---|---|
| New York State Common Retirement Fund | 7 | 0 | $1.9B | Hedge / diversifiers | Mar 31, 2025 | Mar 31, 2025 |
| California Public Employees' Retirement System | 6 | 0 | $846M | Private equity, Venture | Dec 31, 2025 | Dec 31, 2025 |
Funds on the tape
10 vehicles
- B Capital Global Growth IV, L.P.2 rows
- B Capital Opportunities Fund II, L.P.2 rows
- B Capital Ascent Fund III, L.P.2 rows
- B Capital Growth Fund III, LP1 rows
- B Capital Co-Invest Fund (N)1 rows
- B Capital Coinvest Fund (N2), L.P.1 rows
- B Capital Global Growth III, LP1 rows
- B Capital MESA Venture Fund I, L.P.1 rows
- B Capital Healthcare II, L.P.1 rows
- B Capital Ascent Fund II, LP1 rows
Commitment rows
13 rows
| Date | Allocator | Fund | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2025 | California Public Employees' Retirement System | B Capital Global Growth IV, L.P. | Private equity | $350M | 2025 | Disclosed holding | calpers.ca.gov |
| as of Dec 31, 2025 | California Public Employees' Retirement System | B Capital Opportunities Fund II, L.P. | Private equity | $240M | 2024 | Disclosed holding | calpers.ca.gov |
| as of Dec 31, 2025 | California Public Employees' Retirement System | B Capital Ascent Fund III, L.P. | Private equity | $122M | 2024 | Disclosed holding | calpers.ca.gov |
| as of Dec 31, 2025 | California Public Employees' Retirement System | B Capital Global Growth III, L.P. | Private equity | $67.5M | 2023 | Disclosed holding | calpers.ca.gov |
| as of Dec 31, 2025 | California Public Employees' Retirement System | B Capital MESA Venture Fund I, L.P. | Venture | $35.6M | 2025 | Disclosed holding | calpers.ca.gov |
| as of Dec 31, 2025 | California Public Employees' Retirement System | B Capital Healthcare II, L.P. | Private equity | $30.3M | 2025 | Disclosed holding | calpers.ca.gov |
| as of Mar 31, 2025 | New York State Common Retirement Fund | B Capital Global Growth IV, L.P. | Hedge / diversifiers | $750M | 2024 | Disclosed holding | osc.ny.gov |
| as of Mar 31, 2025 | New York State Common Retirement Fund | B Capital Growth Fund III, LP | Hedge / diversifiers | $350M | 2022 | Disclosed holding | osc.ny.gov |
| as of Mar 31, 2025 | New York State Common Retirement Fund | B Capital Co-Invest Fund (N)co investment | Hedge / diversifiers | $300M | 2022 | Disclosed holding | osc.ny.gov |
| as of Mar 31, 2025 | New York State Common Retirement Fund | B Capital Coinvest Fund (N2), L.P.co investment | Hedge / diversifiers | $200M | 2024 | Disclosed holding | osc.ny.gov |
| as of Mar 31, 2025 | New York State Common Retirement Fund | B Capital Opportunities Fund II, L.P. | Hedge / diversifiers | $150M | 2024 | Disclosed holding | osc.ny.gov |
| as of Mar 31, 2025 | New York State Common Retirement Fund | B Capital Ascent Fund III, L.P. | Hedge / diversifiers | $100M | 2024 | Disclosed holding | osc.ny.gov |
| as of Mar 31, 2025 | New York State Common Retirement Fund | B Capital Ascent Fund II, LP | Hedge / diversifiers | $50.0M | 2022 | Disclosed holding | osc.ny.gov |
What changed
- California Public Employees' Retirement System reports B Capital Global Growth III, L.P.: $68M committed (B Capital Group) (as of 2025-12-31)with B Capital Groupcalpers.ca.gov
- California Public Employees' Retirement System reports B Capital Opportunities Fund II, L.P.: $240M committed (B Capital Group) (as of 2025-12-31)with B Capital Groupcalpers.ca.gov
- California Public Employees' Retirement System reports B Capital Ascent Fund III, L.P.: $122M committed (B Capital Group) (as of 2025-12-31)with B Capital Groupcalpers.ca.gov
- California Public Employees' Retirement System reports B Capital MESA Venture Fund I, L.P.: $36M committed (as of 2025-12-31)with B Capital Groupcalpers.ca.gov
- New York State Common Retirement Fund reports B Capital Co-Invest Fund (N): $300M committed (as of 2025-03-31)with B Capital Grouposc.ny.gov
- New York State Common Retirement Fund reports B Capital Opportunities Fund II, L.P.: $150M committed (B Capital Group) (as of 2025-03-31)with B Capital Grouposc.ny.gov
- New York State Common Retirement Fund reports B Capital Growth Fund III, LP: $350M committed (as of 2025-03-31)with B Capital Grouposc.ny.gov
- New York State Common Retirement Fund reports B Capital Coinvest Fund (N2), L.P.: $200M committed (as of 2025-03-31)with B Capital Grouposc.ny.gov
- New York State Common Retirement Fund reports B Capital Ascent Fund III, L.P.: $100M committed (B Capital Group) (as of 2025-03-31)with B Capital Grouposc.ny.gov
- New York State Common Retirement Fund reports B Capital Ascent Fund II, LP: $50M committed (B Capital Group) (as of 2025-03-31)with B Capital Grouposc.ny.gov