This allocator's name, 3 more people, 2 more advisers and 8 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 $38B in assets, for 81,175 participants.

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

Assets
$38B
Fund commitments
3
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: 14 Jan 2026, 3 open manager searches: Actuarial Consulting Services search; Passive Large Cap Growth Index search; SFDCP Large Cap Growth Equity Fund search.

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
  • Alison RomanoChief Executive Officer and Chief Investment Officer
  • Anna LangsManaging Director, Asset Allocation, Risk Management and Innovative Solutions
  • David FranclManaging Director, Absolute Return
All 6
Public pension in California
Managers
Size, funding, policy and commitments, with their basesPublic pensionShow
Public pension
Assets
$38B
Fiduciary net position, Jun 30, 2025 reported
Funded
not on record
not filed
Private markets target
no policy read
no policy read
Commitments
3
3 dated closings
Consultants and advisers
5 firms

+2 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.

People
6 roles
Chief investment officer
Alison Romano
Chief Executive Officer and Chief Investment Officer (Jun 30, 2025) cdn.mysfers.org
Alison Romano, Chief Executive Officer and Chief Investment Officer
  • Anna Langs Managing Director, Asset Allocation, Risk Management and Innovative SolutionsAsset-class head
  • David Francl Managing Director, Absolute ReturnAsset-class head

+3 more people 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.

Manager roster
3 managers on the commitment tape
From the plan’s own commitment disclosures
What changed
13 events

+8 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
3 rows, 3 dated closings
DateFundManagerBucketAmountVintageStatusSource
Jun 30, 2025Artemis Real Estate Partners Healthcare Fund III, L.P.Artemis Real Estate Partners Fund IReal estate$60.0MCommitted (dated)re-upcdn.mysfers.org
Jun 30, 2025Stripes VII, LPStripes, LLCVenture$50.0MCommitted (dated)cdn.mysfers.org
Jun 11, 2025Strategic Partners Infrastructure IV L.P.BlackstoneInfrastructure$75.0M2024Committed (dated)re-upcdn.mysfers.org
Size and funding
58 readings
Total assets
$35B Jun 30, 2024 reported Census ASPP
$34B (2023-06) · $33B (2022-06)
Fiduciary net position
$38B Jun 30, 2025 reported ACFR
$35B (2024-06) · $34B (2023-06) · $33B (2022-06)
Long-term investments
$35B Jun 30, 2024 reported Census ASPP
$33B (2023-06) · $32B (2022-06)
Total pension liability
$4.0B Jun 30, 2024 reported Census ASPP
$3.6B (2023-06) · $2.7B (2022-06)
Discount rate
7.20% Jun 30, 2024 reported Census ASPP
7.20% (2023-06) · 7.20% (2022-06)
Participants
81,175 Jun 30, 2024 derived Census ASPP
78,778 (2023-06) · 77,003 (2022-06)
Active members
35,418 Jun 30, 2024 derived Census ASPP
34,017 (2023-06) · 33,199 (2022-06)
Beneficiaries
32,654 Jun 30, 2024 reported Census ASPP
32,104 (2023-06) · 31,719 (2022-06)
Benefits paid
$1.9B Jun 30, 2024 reported Census ASPP
$1.8B (2023-06) · $1.7B (2022-06)
Investment expense
$57.1M Jun 30, 2024 reported Census ASPP
$53.8M (2023-06) · $80.8M (2022-06)
Commitment history
3 decisions the board record started
VehicleManagerAmountStateProposedApprovedClosedFirst reportedOther LPs
Stripes VII, LPStripes, LLC$50.0Mclosed--Jun 30, 2025--
Artemis Real Estate Partners Healthcare Fund III, L.P.Artemis Real Estate Partners Fund I$60.0Mclosed--Jun 30, 2025--
Strategic Partners Infrastructure IV L.P.Blackstone$75.0Mclosed--Jun 11, 2025-1
Provenance
Identifiers: none on file
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 23, 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, allocation policy.

Capital chain

This record sits on 20 traced paths of capital across the graphs.

Allocator commitments to a managerConsultant to allocator to manager

DFX traced 20 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

12 dated events on the change ledger, latest first
  • Commitment made
    2025-06-30source
  • Commitment made
    2025-06-11source
  • Commitment made
    2025-06-30source

+9 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

+8 connections on the graph

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

Ask DFX