Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
Allocation to alternatives: 40.50%
San Francisco Employees’ Retirement System announced $280 million-worth of private equity commitments to five vehicles in its board meeting packet.
The commitments comprise of $75 million each to Castlelake Aviation IV – Stable Yield (leasing) and Peppertree Capital Fund VIII, $50 million to Clearlake Capital Partners VI, $25 million to Castlelake Aviation IV Stable Yield Opportunities and €50 million to MCP Private Capital Fund IV.
The US public pension has an 18.0 percent target allocation to private equity that currently stands at 21.0 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.