Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
AUM: $25.7 billion
Allocation to alternatives: 26.5%
San Francisco Employees Retirement System announced commitments of $55 million to MGG SF Evergreen Unlevered Fund 2020, $50 million to Thoma Bravo Fund XIV, $25 million to Thoma Bravo Explorer, $75 million to Thoma Bravo Discover Fund III and $62 million to Livingbridge 7.
The $25.7 billion US public pension has an 18 percent target allocation to private equity that currently stands at 21.8 percent.
As illustrated below, SFERS tends to favour commitments to buyout vehicles in North America.
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