SFERS approves $175m in commitments to Asia and Global focused funds

The US public pension has backed Asia and Global focused funds.

San Francisco Employees’ Retirement System has approved commitments of $100 million to Fortress Japan Opportunity Fund IV and $75 million to Fortress Real Estate Opportunities III.

The $24 billion US public pension has a 17 percent target allocation to private real estate that currently stands at 14.5 percent.

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