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AllocatorsAllocatorpublic pensionmunicipal1b-10b

Milwaukee City Employees Retirement System

Allocators

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Search this name across graphsid dfx:al:f421fcd2-ed83-4636-8f6f-6443578d52b2

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, 3:41 AM UTC and rebuilt at most every 15 minutes.

Relationships: 3
Dated events: 2
On other graphs: 0
Observed: Sep 15, 2026 to Sep 15, 2026

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

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

Total assets: $6.0Blatest reading; see basis
Assets as of: Jun 30, 2024
Assets basis: REPORTED
Participants: 30,111
Commitments: 0with an amount; holdings are counted apart
Managers: 0
Funds: 0
Re-ups: 0
First-time managers: 0
Consultants: 1
Private markets target, %: 23latest policy, percent of assets
Private equity target, %: 10latest policy, percent of assets
Latest policy: Dec 31, 2024
People: 3

Policy targets, latest period

the latest period this plan published, every item quoted from its own report; a target is never an actual

Bucket	Target %	Range low	Range high	Actual %	Actual	Period end	Basis
Fixed Income & Cash	23	n/a	n/a	n/a	n/a	Dec 31, 2024	Reported
Absolute Return	10	n/a	n/a	n/a	n/a	Dec 31, 2024	Reported
Private Equity	10	n/a	n/a	n/a	n/a	Dec 31, 2024	Reported
Public Equity	44	n/a	n/a	n/a	n/a	Dec 31, 2024	Reported
Real Assets	3	n/a	n/a	n/a	n/a	Dec 31, 2024	Reported
Real Estate	10	n/a	n/a	n/a	n/a	Dec 31, 2024	Reported

Consultants

Form 5500 Schedule C, Form ADV and the plan's own reports; a Schedule C relationship is current for 24 months after the plan year end

Consultant	Role	From	To	Current	Evidence	Source
Callan LLC	General consultant	n/a	Dec 31, 2024	no	fact	Public pension acfr
Cavanaugh Macdonald Consulting	actuary	n/a	Dec 31, 2024	no	fact	Public pension acfr
Northern Trust Co.	custodian	n/a	Dec 31, 2024	no	fact	Public pension acfr

People

investment staff and board roles as the plan's own site or report names them; Form 5500 fiduciary signers are never published

Person	Title	Role	Asset class	Current	From	Source
Bernard J. Allen	Executive Director	Executive director	n/a	yes	n/a	Public pension acfr
David M. Silber, CFA, CAIA	Chief Investment Officer	cio	n/a	yes	n/a	Public pension acfr
Erich Sauer, CFA, CAIA	Investments	Investment officer	n/a	yes	n/a	Public pension acfr

Relationships

Advised by (3)

→ Northern Trust Co.Investment consultantcustodian
… to Dec 31, 2024factPlan annual report
→ Cavanaugh Macdonald ConsultingInvestment consultantactuary
… to Dec 31, 2024factPlan annual report
→ Callan LLCInvestment consultantGeneral consultant
… to Dec 31, 2024factPlan annual report

Dated events

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

Show 2 bookkeeping events

Occurred
Jun 30, 2023
Milwaukee City Employees Retirement System fiduciary net position $6.4B -> $5.5B (-14.1%, 2022-06-30 to 2023-06-30)
Occurred
Jun 30, 2023
Milwaukee City Employees Retirement System total assets $6.4B -> $5.7B (-10.8%, 2022-06-30 to 2023-06-30)

Provenance

Graph: Allocators
Canonical id: dfx:al:f421fcd2-ed83-4636-8f6f-6443578d52b2
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.

Milwaukee City Employees Retirement System

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:f421fcd2-ed83-4636-8f6f-6443578d52b2

Bucket

Target %

Range low

Range high

Actual %

Actual

Period end

Basis

Fixed Income & Cash

n/a

Dec 31, 2024

Reported

Absolute Return

n/a

Dec 31, 2024

Reported

Private Equity

n/a

Dec 31, 2024

Reported

Public Equity

n/a

Dec 31, 2024

Reported

Real Assets

n/a

Dec 31, 2024

Reported

Real Estate

n/a

Dec 31, 2024

Reported

Consultant

Role

From

Current

Evidence

Source

Callan LLC

General consultant

n/a

Dec 31, 2024

fact

Public pension acfr

Cavanaugh Macdonald Consulting

actuary

n/a

Dec 31, 2024

fact

Public pension acfr

Northern Trust Co.

custodian

n/a

Dec 31, 2024

fact

Public pension acfr

Person

Title

Role

Asset class

Current

From

Source

Bernard J. Allen

Executive Director

Executive director

n/a

yes

n/a

Public pension acfr

David M. Silber, CFA, CAIA

Chief Investment Officer

cio

n/a

yes

n/a

Public pension acfr

Erich Sauer, CFA, CAIA

Investments

Investment officer

n/a

yes

n/a

Public pension acfr