This allocator's name, 35 more managers, 119 more commitments and 116 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.

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

Public pension in California

Public pensionmunicipal· California

Public pension, based in California, reporting $4.5B in assets, for 11,878 participants.

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

Assets
$4.5B
Private allocation
35.0%
Fund commitments
122
As of · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 31 Mar 2025, Commitment disclosed.

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
Public pension in California
Funds committed to
All 92
Managers
All 38
Size, funding, policy and commitments, with their basesPublic pensionShow
Public pension
Assets
$4.5B
Total assets, Jun 30, 2024 derived
Funded
not on record
not filed
Private markets target
35.0%
policy Jun 30, 2025
Commitments
122
none on the tape
Allocation policy
ACFR, as of Jun 30, 2025
Asset class (as printed)BucketTargetRangeActualGapBasis
Core Fixed IncomeFixed income17.0%reported sbcers.org
Custom Non-Core Fixed IncomeFixed income11.0%reported sbcers.org
Private EquityPrivate equity10.0%reported sbcers.org
Broad US EquityPublic equity19.0%reported sbcers.org
Dev'd Markets Non-US EquityPublic equity11.0%reported sbcers.org
Emerging Markets EquityPublic equity7.0%reported sbcers.org
Custom Real ReturnReal assets15.0%reported sbcers.org
Custom Real EstateReal estate10.0%reported sbcers.org
Consultants and advisers
3 firms
  • Hamilton Lane Specialist consultantthrough Jun 30, 2025 ACFR
  • RVK, Inc. General consultantthrough Jun 30, 2025 ACFR
  • Cheiron Actuarythrough Jun 30, 2025 ACFR
People
1 role
Manager roster
38 managers on the commitment tape
From the plan’s own commitment disclosures

+35 more managers received commitments

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

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

What changed
121 events
  • Mar 31, 2025Commitment disclosedreport date
    with Apollo Capital Management L.P.$7.0Msbcers.org
  • Mar 31, 2025Commitment disclosedreport date
    with Novacap Management Inc.$7.5Msbcers.org
  • Mar 31, 2025Commitment disclosedreport date
    with Actis GP$7.5Msbcers.org
  • Mar 31, 2025Commitment disclosedreport date
    with Platinum Equity Advisors, LLC$10.0Msbcers.org
  • Mar 31, 2025Commitment disclosedreport date
    with Gridiron Capital, LLC$10.0Msbcers.org

+116 more dated events

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

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Commitments
122 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Mar 31, 2025Lexington Capital Partners VI, L.P.unresolvedPrivate equity$30.0M2005Disclosed holdingsbcers.org
as of Mar 31, 2025Kelso Investment Associates IX, L.P.Kelso & Company, L.P.Private equity$15.0M2015Disclosed holdingsbcers.org
as of Mar 31, 2025AS Birch Grove Opportunities Fund, L.P. (fka Ascribe IV)unresolvedPrivate credit$12.8M2020Disclosed holdingsbcers.org

+119 more commitments

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

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

Size and funding
57 readings
Total assets
$4.5B Jun 30, 2024 derived Census ASPP
$4.1B (2023-06) · $3.9B (2022-06)
Fiduciary net position
$4.4B Jun 30, 2024 reported Census ASPP
$4.1B (2023-06) · $3.9B (2022-06)
Long-term investments
$4.4B Jun 30, 2024 reported Census ASPP
$4.0B (2023-06) · $3.8B (2022-06)
Total pension liability
$672M Jun 30, 2024 reported Census ASPP
$763M (2023-06) · $744M (2022-06)
Discount rate
7.00% Jun 30, 2024 reported Census ASPP
7.00% (2023-06) · 7.00% (2022-06)
Participants
11,878 Jun 30, 2024 derived Census ASPP
11,487 (2023-06) · 11,138 (2022-06)
Active members
4,569 Jun 30, 2024 derived Census ASPP
4,389 (2023-06) · 4,279 (2022-06)
Beneficiaries
5,322 Jun 30, 2024 reported Census ASPP
5,231 (2023-06) · 5,075 (2022-06)
Benefits paid
$260M Jun 30, 2024 reported Census ASPP
$229M (2023-06) · $213M (2022-06)
Investment expense
$15.7M Jun 30, 2024 reported Census ASPP
$20.0M (2023-06) · $25.0M (2022-06)
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.

Capital chain

This record sits on 211 traced paths of capital across the graphs.

Allocator to PE fund to manager to company

DFX traced 211 paths of capital through this record

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

Includes 3 days of DFX Intelligence. Then $299/month unless canceled.

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

Checking your plan…

Record history

121 dated events on the change ledger, latest first
  • Commitment disclosed
    2025-03-31source
  • Commitment disclosed
    2025-03-31source
  • Commitment disclosed
    2025-03-31source

+118 more changes on this record's ledger

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

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

+95 connections on the graph

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

Ask DFX