This allocator's name, 1 more person, 10 more advisers, 4 more managers, 10 more commitments and 21 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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Public pension in California
Public pension, based in California, reporting $86B in assets, for 194,742 participants.
Composed from this allocator's classification, location and filed figures.
- Assets
- $86B
- Fund commitments
- 13
- Managers
- 1
What matters now
- $825Mapproved, 2 funds
$825M approved across 2 funds on 12 Aug 2026: Cheyne Capital Management separate account $750M, Whitman/Peterson Partners V $75M.
12 Aug 2026 · 1 re-up with an existing manager.
- 3 searchesopen now
3 open manager searches: Real Estate Consultant search; Real Estate Consultant search; Passive Cash Overlay Investment Manager search.
opened 12 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 → - Consultantchanged
Changed investment consultant.
12 Aug 2026 · A new consultant reviews the manager line-up and brings its own shortlist.
Capital path
who backs this record, through what, into what; each name opens its own path- Jonathan GrabelChief Investment Officer
- Jude PerezDeputy Chief Investment Officer
- Luis A. LugoActing Chief Executive Officer
- Kingswood Capital Opportunities Fund IV$220M committed
- Court Square Capital V, L.P.$200M committed
- Bregal Sagemount V, L.P.$190M committed
- GCM Grosvenor$400M across 1 commitment
- Kingswood Capital Management, L.P.$320M across 2 commitments
- Court Square Capital$200M across 1 commitment
Size, funding, policy and commitments, with their basesPublic pensionShowHide
- Overlays & Hedges 1.0%
- Real Assets and Inflation Hedges 14.0%
- Risk Reduction and Mitigation 24.0%
- Other Assets 1.0%
- Credit 12.0%
- Growth 48.0%
- Klausner Kaufman and Nossaman General consultantthrough Aug 12, 2026 Board minutes
- Stepstone Group LLC Specialist consultantPrivate equity consultantthrough Apr 8, 2026 Board minutes
- Albourne America LLC Hedge fund consultantthrough Jun 30, 2025 ACFR
+10 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $249/month unless canceled.
- Jude Perez Deputy Chief Investment OfficerDeputy CIO
- Luis A. Lugo Acting Chief Executive OfficerExecutive director / CEO
+1 more person on the investment staff and board
Every name, title and published role at this allocator, with the page it was read from.
Includes 3 days of DFX Intelligence. Then $249/month unless canceled.
- GCM Grosvenor$400M, 1 row, latest Dec 10, 2025
- Kingswood Capital Management, L.P.$320M, 2 rows, latest Jun 23, 2026
- Court Square Capital$200M, 1 row, latest May 21, 2026
+4 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.
- Aug 12, 2026Commitment approved$750Mlacera.gov
- Aug 12, 2026Commitment closed$75.0Mlacera.gov
- Aug 12, 2026Commitment closed$750Mlacera.gov
- Aug 12, 2026Consultant changed
- Aug 12, 2026Search opened
+21 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.
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| Aug 12, 2026 | Cheyne Capital Management separate accountseparate account | Cheyne Capital Management | Private credit | $750M | Committed (dated) | lacera.gov | |
| Aug 12, 2026 | Whitman Peterson Fund Vco investment | Whitman Peterson | Real estate | $75.0M | Committed (dated)re-up | lacera.gov | |
| Jun 23, 2026 | Kingswood Capital Opportunities Fund IV | Kingswood Capital Management, L.P. | Private equity | $220M | Committed (dated) | lacera.gov |
+10 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.
| Vehicle | Manager | Amount | State | Proposed | Approved | Closed | First reported | Other LPs |
|---|---|---|---|---|---|---|---|---|
| Cheyne Capital Management separate account | n/a | $750M | closed | - | Aug 12, 2026 | Aug 12, 2026 | - | - |
| Kingswood Capital Opportunities Small Cap Fund I, L.P. | Kingswood Capital Management, L.P. | $100M | closed | - | Jul 8, 2026 | Jun 23, 2026 | - | 1 |
| Kingswood Capital Opportunities Fund IV, L.P. | Kingswood Capital Management, L.P. | $220M | closed | - | Jul 8, 2026 | Jun 23, 2026 | - | 1 |
+10 more board decisions
Every name, record and relationship behind this count, with the source on each.
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Provenance
Not yet on record: funded ratio, private markets allocation target.
This record sits on 53 traced paths of capital across the graphs.
DFX traced 53 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
+27 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
+20 connections on the graph
Includes 3 days of DFX Intelligence. Then $249/month unless canceled.