Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
Allocation to alternatives: 38.40%
San Francisco Employees’ Retirement System has announced a commitment of $50 million to Blackstone Real Estate Partners Europe VI.
The $24.14 billion US public pension has a 17 percent target allocation to private real estate that currently stands at 16.3 percent. As illustrated in the charts below, this is the second real estate commitment made by SFERS in 2019.
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