SFERS approves $50m commitment

The US public pension has backed a Western Europe- and North America-focused fund.

Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, US
AUM: $25.9 billion
Allocation to alternatives: 26.4%

San Francisco Employees Retirement System announced a commitment of $50 million to Blackstone Real Estate Debt Strategies IV.

The $25.9 billion US public pension has a 26.4 percent current allocation to alternatives.

As illustrated below, SFERS tends to favor commitments to opportunity and debt focused funds.

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