SFERS approves $175m in commitments

The US public pension has backed two North America and one Asia focused funds.

Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
AUM: $25.9 billion
Allocation to alternatives: 26.4%

San Francisco Employees Retirement System announced commitments of $50 million each to IVP XVII and K5 Private Investors and $75 million to SSG Secured Lending Opportunities III.

The $25.9 billion US public pension has an 18 percent target allocation to private equity that currently stands at 21.5 percent.

As illustrated below, SFERS tends to favour commitments to North America vehicles and the diversified sector.

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