SFERS approves $225m in commitments

The US public pension has backed Asia-Pacific- and North America-focused funds.

San Francisco Employees' Retirement System has committed $75 million to EIV Capital Fund III and $50 million each to SSG Capital Partners IV, SSG Secured Lending Opportunities II and ABRY Senior Equity V.

The $20 billion US public pension has an 18 percent target allocation to private equity that currently stands at 11.8 percent.

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