DFX Intelligence
Board records
What the boards decided, were recommended, and were askedHow board records are readRead from the boards’ own minutes and meeting packets, each row with the stance the minutes give it. Approved is a vote or a commitment reported as made under delegated authority; recommended is staff or the consultant asking, with no vote in the record; proposed is an item presented for consideration. Every row carries the sentence that says so.A re-up prospect is arithmetic on the tape: the allocator holds Fund N, the manager has Fund N+1 open, and no commitment to it is on the graph; it is labelled an inference and says nothing about intent.Same manager, same series and name stem, the next number (or a later vintage), open now on the venture or private equity graph, and no commitment to it on this graph. Dated at the successor’s first Form D sale when there is one. A row retires by itself when a commitment to the successor lands.
- Jun 30, 2025Committed (dated)re-upReal estateRetirement Board$60.0M to Artemis Real Estate Partners Healthcare Fund III, L.P. (Artemis Real Estate Partners Fund I) on Cambridge Associates’s recommendation
Source text
Under its delegated authority, SFERS committed $60 million in Artemis Real Estate Partners Healthcare Fund III, L.P., of which $40 million closed on June 30, 2025. - Jun 30, 2025Committed (dated)VentureRetirement Board
Source text
Under its delegated authority, SFERS invested $50 million in Stripes VII, LP. The investment closed on June 30, 2025. - Jun 11, 2025Committed (dated)re-upInfrastructureRetirement Board$75.0M to Strategic Partners Infrastructure IV L.P. (Blackstone) on Cambridge Associates’s recommendation
Source text
Under its delegated authority, SFERS committed $75 million to Strategic Partners Infrastructure IV L.P., which closed on June 11, 2025.