New York discloses commitments monthly, not returns

The record

The Office of the New York State Comptroller, which manages the New York State Common Retirement Fund, publishes a Monthly Transaction Report disclosing every new private equity, real estate and fixed income commitment the fund makes. The July 2026 edition records two new private equity commitments: $40 million to MCP Co-Investment Fund 2026 I C.V., managed by Main Capital Management for investments in Western Europe and the Nordic region, closed 7 July 2026, and $75 million to Awani Capital Fund, L.P., targeting business services and industrial companies in North America, closed 9 July 2026. The Comptroller's own Financial Reporting and Asset Allocation page states that these 'monthly reports disclose in detail investments and transactions, hiring fund managers, and the involvement of placement agents.'

What the sources establish

Each entry states whether the relationship is new or existing, the fund's target geography and sector, and an explicit line stating 'no placement agents were used in connection with the Fund's investment.' The same page states the Fund's long-term policy asset allocation, in effect as of 1 April 2024, sets a 15% target for private equity, alongside 25% for domestic equities, 14% for international equities, 12% for real estate and smaller allocations elsewhere. This is transaction-level and policy-level disclosure, not a fund-by-fund performance schedule; the July 2026 report states what was committed and when, not an internal rate of return for each fund.

Scope and revision

New York's monthly reports are dated at the point of commitment, not at a fixed quarterly performance date the way CalSTRS's or Oregon's fund-level schedules are, so a reader looking for return data on a New York commitment needs a different document than the one examined here. The 15% policy allocation is stated 'as in effect' from a specific date, a target the Comptroller's office can revise, not a permanent ceiling; the page does not state when that target last changed. New York's format, built around monthly transaction disclosure and placement-agent statements, is its own choice, not a template every other state follows.

The decision in front of you

A founder or manager tracking New York's private equity activity can use these monthly reports to see which funds it has newly committed to and on what terms. This is editorial: the reports are not a substitute for a performance schedule, and a reader wanting New York's returns on a given fund should look for a separate performance disclosure rather than inferring it from a transaction notice.

• Does the report you are reading disclose a new commitment's terms, or an existing commitment's performance, since New York publishes these separately?
• Is the 15% private equity policy target you are citing the one in effect as of April 2024, or has the Comptroller's office since revised it?
• Does the placement-agent statement in a given entry apply to that specific commitment, or are you generalizing it across the whole portfolio?

New York's monthly disclosure format is built for transparency about how and when commitments are made; reading performance into a transaction report would ask it to answer a question it was not designed to answer.