SFERS approves $80m in commitments

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

Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
AUM: $27.21bn
Allocation to alternatives: 24.50%
Bitesize: $50-$100m

San Francisco Employees’ Retirement System announced $80 million-worth of private equity commitments to two vehicles in its board meeting packet.

The commitments comprise of $50 million to Insight Partners XI and $30 million to Wynnchurch Capital Partners V.

The US public pension has an 18.0 percent target allocation to private equity that currently stands at 20.60 percent.

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