South Dakota Investment Council (South Dakota Retirement System)

About this data

Holdings as this LP reports them, fund by fund. Amounts are the market value it reports for each holding; the report gives no commitments. As of June 30, 2025. Source: South Dakota Investment Council Annual Report: Portfolio Summaries, SDRS Private Equity. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.

Holdings only: the Portfolio Summaries appendix of the Council's annual report lists each externally managed private equity limited partnership of the South Dakota Retirement System with a "Cost Value" (not shown) and a "Fair Value" at the June 30 fiscal year-end, shown here as the market value in whole dollars as printed. It reports no commitment, contributions, distributions, vintage year, multiple or IRR per partnership, so committed, paid-in, distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. The report gives a net since-inception IRR only for the private equity partnerships as a whole. All 24 rows of the Private Equity list are included as printed; a few of them combine two funds of one series on a single row. They add up to the list's printed Total Private Equity of $1,581,198,949 fair value and $1,039,893,622 cost value. The Public Equity, Aggressive Absolute Return and Real Estate lists on the same page are not imported, and neither are the smaller holdings of the same partnerships by the Council's trust funds (School and Public Lands, Dakota Cement Trust, Education Enhancement Trust, Health Care Trust), which the appendix lists separately.