SFERS approves $25m commitment

The US public pension has backed an Asia focused fund.

San Francisco Employees’ Retirement System has approved a commitment of $25 million to Pamfleet Real Estate Fund III.

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

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.