DFX Intelligence

Data Factory

AllocatorsManager with allocator capital

Butterfly Equity LP

Allocators

This is the graph view. The full profile, with its team, deals and sources, is on Allocators.Open the full profile →

Search this name across graphsid dfx:al:70fd5ac8-5dca-4901-957d-5cb53581e421

Data as of Sep 15, 2026 (this record's last observation) from Government tapes; SEC filings; What the plans publish; Pending. Page built Sep 19, 2026, 4:25 AM UTC and rebuilt at most every 15 minutes.

Relationships: 2
Dated events: 2
On other graphs: 3
Observed: Sep 15, 2026 to Sep 15, 2026

Listed twice: another record on this graph has the same name, state and type. The primary record is Butterfly Equity LP.

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

Butterfly Equity LP

Private equity manager · cited, shared crd

Independent Sponsorsidentity

Butterfly Equity LP

Capital provider to sponsors · cited, shared crd

RIA / Wealth Managementidentity

BUTTERFLY EQUITY LP

Registered adviser · cited, shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Allocators: 2with a commitment to this manager
Commitments: 3
Committed, disclosed: $1.3Bthe plans' commitments, never fund size
Funds: 2
Re-ups: 0
First-time commitments: 0
First vintage: 2022
Latest vintage: 2023
Latest commitment: Dec 31, 2025
Plan clients (Schedule C): 0

Allocators and commitments

each plan's own commitment to this manager, never the fund's size; a re-up is the plan's own word, or a successor of a fund it already holds

Allocator	Class	Fund	Bucket	Commitment	Committed	Vintage	Re-up	First time
California Public Employees' Retirement System	State retirement system	Red Admiral Fund LP	Private equity	$1.2B	n/a	2023	n/a	n/a
California Public Employees' Retirement System	State retirement system	Butterfly II, LP	Private equity	$125M	n/a	2022	n/a	n/a

Relationships

Manages for (2)

→ Karsh Family FoundationAllocator
factForm 990
→ California Public Employees' Retirement SystemAllocatorPrivate equity
factPlan disclosure

Dated events

2 bookkeeping events (roster, classification and holdings changes) folded below

Show 2 bookkeeping events

First seen by DFX
Sep 15, 2026
date not stated
California Public Employees' Retirement System reports Butterfly II, LP: $125M committed (Butterfly Equity LP) (as of 2025-12-31)
First seen by DFX
Sep 15, 2026
date not stated
California Public Employees' Retirement System reports Red Admiral Fund LP: $1.2B committed (Butterfly Equity LP) (as of 2025-12-31)

Provenance

Graph: Allocators
Canonical id: dfx:al:70fd5ac8-5dca-4901-957d-5cb53581e421
First observed: Sep 15, 2026
Last observed: Sep 15, 2026 3 days ago
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

Butterfly Equity LP

Allocators

This is the graph view. The full profile, with its team, deals and sources, is on Allocators.Open the full profile →

Search this name across graphsid dfx:al:70fd5ac8-5dca-4901-957d-5cb53581e421

Allocator

Class

Fund

Bucket

Commitment

Committed

Vintage

Re-up

First time

California Public Employees' Retirement System

State retirement system

Red Admiral Fund LP

Private equity

$1.2B

n/a

2023

n/a

California Public Employees' Retirement System

State retirement system

Butterfly II, LP

Private equity

$125M

n/a

2022

n/a