San Francisco Employees' Retirement System overview
Stories about San Francisco Employees' Retirement System

SFERS commits $50m to Stripes
The US pension continues its relationship with Stripe by committing to its third Stripe fund.

SFERS backs Thoma Bravo fund with $75m commitment
The US-based public pension has backed a North America buyout fund.

SFERS approves additional commitment to IVP fund
US pension approved an investment of up to $75m to Institutional Venture Partners XVIII.

SFERS approves $115m in PE commitments
The US pension fund revealed commitments to three funds during its April board meeting.

SFERS puts $115m in equity and credit
San Francisco Employees' Retirement System has backed two North American private market fund managers.

SFERS approves $352m in commitments
The US public pension has backed five private equity-focused funds.
San Francisco Employees' Retirement System contact information
Offices
Contacts
| Name | Job title | Location | |
|---|---|---|---|
| Key Contact | Job titleCEO & CIO | LocationSan Francisco, United States | Email |
Job titleChair, Investment Committee | LocationSan Francisco, United States | Email | |
Job titleAssociate Portfolio Manager | LocationSan Francisco, United States | Email | |
Job titleInvestment Officer, Private Equity | LocationSan Francisco, United States | Email | |
San Francisco Employees' Retirement System fund commitments
Known fund commitments: 585
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager | Commitment dateDec 2025 | Commitment size$50m | |
Manager | Commitment dateFeb 2026 | Commitment size | |
Manager | Commitment dateApr 2026 | Commitment size | |
Stories that mention San Francisco Employees' Retirement System
Side Letter: Playing defence
In today's edition, LPs are seeking reassurances over defence exits; ChatGPT creator OpenAI says GPs are among its busiest users; A European buyout shop hits its hard-cap.
Side Letter: 'It ends badly'
NYC's (now) former CIO issues a scathing response to the ongoing 'democratisation' of private markets. Plus: AI disruption risk is leading to broken auctions and Hong Kong's wealth community is hungry for alts. Here's today's brief, for our valued subscribers only.
Side Letter: 'Dumb money'
A potential influx of 'dumb money' has ruffled feathers among some existing LPs. Plus: A look at how tariffs disrupted H1 investment values; and a $43 billion pension is doubling down on private equity. Here's today's brief, for our valued subscribers only.
Side Letter: GPIF's upwards trajectory
The world's largest public pension has seen its private equity portfolio grow by more than $1 billion. Plus: an influx of new lenders is driving down the cost of NAV loans. Here's today's brief, for our valued subscribers only.
Side Letter: Ardian on geopolitics
Ardian says Asian investors are keen to invest more in Europe as a result of the US tariffs. Plus: CalPERS' PE performance, and a €700 million debut fundraise. Here's today's brief, for our valued subscribers only.
Side Letter: Money in or money out?
New data suggests NAV loans are rarely used to massage DPI. Plus: a $23 billion pension has tweaked its PE allocation to get ahead of potential liquidity challenges; and a Japanese buyout firm completes an MBO. Here's today's brief, for our valued subscribers only.
Side Letter: Knocking on retail's door
Why managers must temper their expectations around accessing true retail capital under the Trump administration. Plus: How to get a GP-led over the line. Here's today's brief, for our valued subscribers only.

