SFERS approves $200m commitment

The US public pension has backed a multi-regional focused fund.

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Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
AUM: $27.21bn
Allocation to alternatives: 24.50%
Bitesize: $100-$200m

San Francisco Employees’ Retirement System approved a commitment of $200 million to Cerberus Global Residential Loan Strategy Fund, according to the pension’s February board report.

The US public pension has a 15.60 percent allocation to real assets which encompasses both real estate and infrastructure.

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