This allocator's name, 2 more advisers, 32 more managers, 340 more commitments and 354 more dated events

Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.

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State retirement system in New Hampshire

State retirement system· New Hampshire

State retirement system, based in New Hampshire, reporting $12B in assets, for 117,971 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$12B
Fund commitments
180
Managers
22
As of · the latest dated event for this allocator; each figure carries its own filing or report date

What may matter next

A pattern DFX replayed against history, using only what was known on each date, points at this record. The rate belongs to the pattern, not to this entity; what already happened is below.

N••• T••••••••• D• P•••••• P•••Emerging

Early indicator, not yet measured: commits to the successor fund.

Why it matters: This allocator committed to the prior fund of a series that now has a successor fund. Existing LPs are the first calls in any raise, so this is the re-up list for the GP, and for a competing GP it shows whose capital may be in play.

Who acts on this: GPs raising a successor fund, placement agents, and competing GPs in the same strategy.

No rate is claimed. Not a forecast.

Window 2026-09-25 to 2027-09-25, as of 2026-09-25

Estimate past commitments to this series: $20.0M

Confidence: signal low, timing low, outcome low, identity high, magnitude moderate.

  • DerivedN••• T••••••••• D• P•••••• P••• h•••• R•• I••••••••• P••••••• V•••• L• a•• t•• m•••••••• n••• f••• i• t••• s•••••• R•• I••••••••• P••••••• X• L•••• i• o••• •••••••••
  • DerivedN• c••••••••• t• t•• n•• f••• a•••••• o• t•• p••••• f•••••• y•••

Decision maker identified; no contact route on file yet.

How the pattern measured, and every other entity on it: re-up prospects.

What matters now

  1. $1.18B
    approved, 3 funds

    $1.18B approved across 3 funds on 25 Aug 2026: Acadian Asset Management separate account $1B, Pemberton Mid-Market Debt Fund V $100M, I Squared Capital Global Infrastructure Fund IV $75M.

    25 Aug 2026 · The board's newest commitments, the managers it is backing now.

    Factboard minutes, 25 Aug 2026For GPs raising in these strategies, placement agentsBoard record →
  2. 2 searches
    open now

    2 open manager searches: U.S. enhanced indexing search; Non-U.S. Emerging Markets core-satellite portfolio search.

    opened 25 Aug 2026 · A mandate the plan is hiring for now; a manager can still respond.

    Factthe plan's own search notices and minutesFor managers in the searched asset class, consultantsOpen searches →
  3. 1 manager
    terminated or on watch

    A manager.

    25 Aug 2026 · A termination frees an allocation; a watch listing often comes before one.

    Factboard minutesFor competing managers in the same strategyTerminations and watch lists →
  4. 2
    re-up prospects

    2 re-up prospects were flagged in the last twelve months: managers it backed raising a successor fund.

    Managers it already backs are raising again; a re-up decision is coming.

    Inferencea successor fund observed for a manager the plan backsRe-up prospects →

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
State retirement system in New Hampshire
Funds committed to
All 64
Managers
All 35
Size, funding, policy and commitments, with their basesState retirement systemShow
State retirement system
Assets
$12B
Total assets, Jun 30, 2024 reported
Funded
not on record
not filed
Private markets target
no policy read
policy Jun 30, 2025
Commitments
180
9 dated closings
Allocation policy
ACFR, as of Jun 30, 2025
Consultants and advisers
5 firms
  • Callan LLC General consultantthrough Dec 16, 2025 Board minutes
  • The Townsend Group Specialist consultantReal estate consultantthrough Dec 16, 2025 Board minutes
  • Bny Custodianthrough Jun 30, 2025 ACFR

+2 more consultants and advisers advise this allocator

Every name, record and relationship behind this count, with the source on each.

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People
3 roles
Chief investment officer
Raynald Leveque
Chief Investment Officer (Jun 30, 2025) nhrs.org
Raynald Marie Leveque Mullen Chief Director Investment of Officer Finance
Manager roster
35 managers on the commitment tape
From the plan’s own commitment disclosures

+32 more managers received commitments

Every name, record and relationship behind this count, with the source on each.

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What changed
359 events
  • Sep 24, 2026re up prospect resolvedreport dateinference
    Re-up prospect for Apollo Investment Fund XI, L.P.: condition no longer holds; not judged
    with Apollo Capital Management L.P.no URL
  • Sep 24, 2026Re-up prospectreport dateinference
    with Lexington Partners$40.0Mno URL
  • Sep 24, 2026Re-up prospectreport dateinference
    with Apollo Capital Management L.P.$40.0Mno URL
  • Aug 25, 2026Search opened
    with Xponance, Inc.nhrs.org
  • Aug 25, 2026Manager terminated

+354 more dated events

Every name, record and relationship behind this count, with the source on each.

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Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Commitments
343 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Aug 25, 2026Acadian Asset Management separate accountseparate accountAcadian Asset Management Headquarten/a$1.0BApprovednhrs.org
as of Aug 25, 2026Pemberton Mid-Market Debt Fund VPembertonPrivate credit$100MApprovednhrs.org
as of Aug 25, 2026I Squared Capital Global Infrastructure Fund IVI Squared CapitalInfrastructure$75.0MApprovednhrs.org

+340 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

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Size and funding
55 readings
Total assets
$12B Jun 30, 2024 reported Census ASPP
$11B (2023-06) · $11B (2022-06)
Fiduciary net position
$12.3M Jun 30, 2024 reported Census ASPP
$11B (2023-06) · $11B (2022-06)
Long-term investments
$12B Jun 30, 2024 reported Census ASPP
$11B (2023-06) · $10B (2022-06)
Total pension liability
$5.2M Jun 30, 2024 reported Census ASPP
$5.6B (2023-06) · $5.7B (2022-06)
Discount rate
6.75% Jun 30, 2024 reported Census ASPP
6.75% (2023-06) · 6.75% (2022-06)
Participants
117,971 Jun 30, 2024 derived Census ASPP
114,284 (2023-06) · 110,809 (2022-06)
Active members
48,989 Jun 30, 2024 derived Census ASPP
48,589 (2023-06) · 48,687 (2022-06)
Beneficiaries
45,330 Jun 30, 2024 reported Census ASPP
43,603 (2023-06) · 42,415 (2022-06)
Benefits paid
$1.0B Jun 30, 2024 reported Census ASPP
$971M (2023-06) · $914M (2022-06)
Investment expense
$59.3M Jun 30, 2024 reported Census ASPP
$55.9M (2022-06)
Commitment history
12 decisions the board record started
VehicleManagerAmountStateProposedApprovedClosedFirst reportedOther LPs
Acadian Asset Management separate accountAcadian Asset Management Headquarte$1.0Bapproved-Aug 25, 2026---
Pemberton Mid-Market Debt Fund VPemberton$100Mapproved-Aug 25, 2026---
I Squared Capital Global Infrastructure Fund IVI Squared Capital$75.0Mapproved-Aug 25, 2026---

+9 more board decisions

Every name, record and relationship behind this count, with the source on each.

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Provenance
Identifiers: none on file
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 25, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.

Not yet on record: funded ratio, private markets allocation target.

Capital chain

This record sits on 161 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 161 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

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Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

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Record history

359 dated events on the change ledger, latest first
  • Re up prospect resolved
    2026-09-24
  • Re up prospect
    2026-09-24
  • Re up prospect
    2025-12-03

+356 more changes on this record's ledger

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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+94 connections on the graph

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