SFERS approves $135m in commitments

The US public pension has backed North America, Asia and multi-regional focused funds.

Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
AUM: $24.7bn
Allocation to alternatives: 36.9%
Bitesize: $10-50m

The San Francisco Employees’ Retirement System (SFERS) approved commitments of $35 million to Main Post Growth Capital II and $50 million each to PAG Asia Capital Fund III and WNG Aircraft Opportunities Fund II.

As illustrated in the charts below, the $24.7 billion US public pension has a 18 percent target allocation to private equity that stands at 19.2 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.